The European Union on Wednesday targeted Apple, Amazon, Microsoft, Google parent Alphabet, Facebook owner Meta and TikTok parent ByteDance under new digital...
LONDON — The European Union on Wednesday targeted Apple AAPL, +0.13%, Amazon AMZN, -0.62%, Microsoft MSFT, +1.49%, Google parent Alphabet GOOGL, +0.08%, Facebook owner Meta META, +1.27% and TikTok parent ByteDance under new digital rules aimed at reining in the market power of online companies.
It’s part of a sweeping update to the EU’s digital rulebook that’s starting to take force this year, and comes weeks after a companion package of rules aimed at keeping internet users safe, the Digital Services Act, started kicking in. Those services include Google’s Chrome browser, Microsoft’s Windows operating systems, chat apps like Meta’s WhatsApp, social networks like TikTok, and others playing a middleman role like Amazon’s Marketplace and Apple’s App Store.
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