Apple, Meta to Face EU Charges Under New Tech Rules - Reuters
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Price: $295.28 +1.27%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 0.4%
Revenue Growth %: +15.3%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 0.4%
Revenue Growth %: +15.3%
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(Updated - June 14, 2024 1:49 PM EDT)
Apple (NASDAQ: AAPL) and Meta (NASDAQ: META) are set to face EU charges under newly implemented tech rules - Reuters
- Apple and Meta Platforms will likely face charges for failing to comply with landmark EU rules aimed at reining in their power before the summer.
- The EU commission sees Apple and Meta as priority cases.
- The DMA requires Big Tech to open up space for smaller rivals to compete and make it easier for people to move between competing online services like social media platforms.
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