For alleged non-compliance with the Antitrust Law, four companies in the technology sector have been under investigation by the European Union since Monday.

Meta, Alphabet, Amazon and Apple apparently are not complying with the rules of the new Digital Services Law. For this reason, the European Union is investigating the actions of these platforms.

As you may remember, the Digital Markets Law came into effect on March 7. Regarding the case of the companies investigated, Internal Market Commissioner Thierry Breton noted that they have held “conversations with the gatekeepers for months to help them adapt, and we can already see changes in the market.” But he added that they are not convinced that these companies “meet their obligations to make a fairer and more open digital space possible for citizens and companies.”

If the investigations progress and responsibilities are determined within twelve months, large fines could be established, equivalent to 10 or 20 % of the turnover of Meta, Alphabet, Amazon and Apple.

M.Pino

Source: confilegal

(Reference image source: Guillaume Périgois en Unsplash)

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La entrada EU investigates compliance with Antitrust Law in Meta, Apple, Amazon and Alphabet apareció primero en Bitfinance.

The FTC, which is the U.S. government agency responsible for protecting competition, decided to investigate five tech giants for their investments and alliances in the field of Artificial Intelligence (AI).

These are Alphabet, Amazon, Microsoft, OpenAI and Anthropic, which are the most powerful companies in the United States in this sector.

The FTC wants to know whether these companies have an unfair advantage over their competitors and whether their practices negatively affect innovation and fair competition.

The research will focus on three ongoing collaborations: Microsoft’s with OpenAI, Amazon’s with Anthropic and Google’s with Alphabet, which have involved “billions of dollars” in investments.

Companies will be required to provide the FTC with information and data about their products, investments, internal structure, markets, future plans and international presence, among other things, within 45 days.

The FTC only deals with competition, but this action adds to the growing pressure on technology companies over content issues, such as copyright, disinformation, etc., which are generating demands for more regulation of Artificial Intelligence around the world.

K. Tovar

Source: Bloomberg

(Reference image source: Unsplash+)

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La entrada FTC to investigate five tech giants for AI use apareció primero en Bitfinance.