Tuesday, July 16, 2024
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Big Tech is Under Attack from European Regulators

European regulators have started numerous investigations into Big Tech. In a recent development, Facebook and Instagram, owned by Meta, may be subject to significant fines under the EU’s Digital Services Act (DSA) because of allegations that they failed to adequately address risks to children.

The following are some of the measures that European watchdogs have taken in opposition to major tech companies:Microsoft President Brad Smith stated on June 4 that the company anticipates taking further action to settle an EU antitrust investigation into Teams, a chat and video app that is a part of its Office product, even though it is likely to face EU charges in the matter.

The European Commission investigated Microsoft’s integration of Office and Teams last year in response to a 2020 complaint from the rival workspace messaging app Slack, which Salesforce owns.

A January document received by Reuters from regulators indicates that the EC is also investigating whether Microsoft is preventing users from depending on specific security software offered by its rivals.

The same month, EU antitrust regulators warned that EU merger regulations might govern Microsoft’s over $10 billion investment in ChatGPT maker OpenAI. This came after a similar warning from the UK’s Competition and Markets Authority (CMA) in December.

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Tuesday, July 16, 2024

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