Meta is set to receive an EU antitrust fine of up to $13.4 billion in the coming weeks for abusing its dominant position in the advertising market.

On June 25, the European Commission ruled after a preliminary investigation that technology giant Apple’s online application store AppStore failed to comply with the relevant provisions of the EU’s Digital Markets Act because they prevented application developers from freely directing consumers to Other channels for offers and content. If Apple fails to rectify its online app store rules within the stipulated time, it will face a fine of up to 10% of its total global turnover. It is reported that Apple’s total revenue in fiscal year 2023 will reach US$383.3 billion. If calculated based on a 10% fine, this means that the company will receive a fine of close to US$40 billion (approximately 290 billion yuan).

The European Commission has accused Microsoft of violating antitrust rules by bundling Teams and Office products.

The European Commission announced that it would impose import tariffs of up to 38.1% on Chinese EVs after considering that Chinese EV manufacturers receive "unfair subsidies" throughout the supply chain.

On Thursday (March 22) local time, the US Department of Justice, in conjunction with 16 Attorney Generals, announced that they would sue Apple, accusing it of violating antitrust laws, causing Apple's stock price to drop by over 4%.

The European Commission issued a statement on 4 April announcing a fine of more than 1.8 billion euros against Apple for abusing its dominant position in the music streaming app distribution market and violating EU antitrust regulations.。It is reported that streaming music software providers are required to pay Apple a 30% commission when providing services through the Apple Store and are unable to explain to consumers on Apple devices that the commission is included in the total price。In response, Apple refused to accept the penalty decision and said it would appeal.。Apple said the European Commission "found no credible evidence of consumer victimization, ignoring the reality that this thriving market is full of competition and rapid development."。

Reported on February 19, the European Commission announced the official launch of the investigation of TikTok。"Based on the preliminary investigation conducted to date, including the analysis of the risk assessment report submitted by TikTok, and TikTok's response to the Committee's formal enquiry (on illegal content, protection of minors and data access), the Committee has decided to initiate a formal investigation into TikTok under the Digital Services Act," the statement said.。A TikTok spokesperson responded on February 20 that it had pioneered features and settings to protect young people from using the platform for children under the age of 13.。This is a problem that the whole industry is trying to solve.。Will continue to work with experts and the industry to ensure the safety of young people on TikTok, and look forward to the opportunity to explain this work in detail to the committee now。

According to media reports, the European Commission is expected to impose a fine of about 500 million euros on Apple in the United States for anti-competitive conduct in the music streaming service, in violation of EU anti-monopoly regulations.。The EU is expected to announce the penalty decision early next month.。It is reported that streaming company Spotify has previously complained to EU regulators about Apple, accusing it of banning all types of apps from notifying customers of the existence of other cheaper subscription music services outside the Apple App Store.。The EU then launched an investigation into whether Apple had anti-competitive practices.。

On Friday, after nearly 36 hours of negotiations, EU negotiators reached a legal proposal on regulating AI rules.。

European Court of Justice (ECJ) Attorney General Giovanni Pitruzzella said on Thursday that the EU's general court had made many mistakes in hearing Apple's 13 billion euro tax case and needed to be reopened.。Such opinions from the European Court of Justice's Attorney-General are usually not binding, although the EU's highest court, in most cases, listens to the Attorney-General's recommendations and says it will issue a binding ruling in the coming months。It is reported that the European Commission ruled in August 2016 that Apple illegally evaded 13.1 billion euros ($14.9 billion) in Ireland, and Apple must return this tax to the Irish government.。Both Apple and the Irish government expressed dissatisfaction with the ruling and filed an appeal.。

According to Apple's 10-K filing with the SEC, Apple expects to make changes to the App Store by March 2024, forcing it to allow third-party App Stores to be used in the European market.。It is understood that after the Digital Market Act became law, the EU told Apple that it must open its App Store to competitors.。In its filing, Apple notes that future changes could affect how Apple charges developers to access its platform and how it manages app distribution outside of the App Store.。Finally, Apple notes that if Apple's commissions from the App Store are reduced, the company's business, results of operations and financial condition could be materially and adversely affected.。

On June 14, local time, the European Commission gave a preliminary assessment after investigating Google's alleged monopoly on advertising.。Our initial view is that competition concerns can only be fully addressed if Google forces the divestiture of some of its services.。

According to media reports, Google may face fines from EU antitrust authorities as soon as this week, and regulators may require Google to sell some of its ad technology business。

On May 15, the European Commission announced a sharp increase in the eurozone inflation outlook and warned that it would pose "persistent challenges."