Big Tech app stores focus of EU digital crackdown: Margrethe Vestager
Margrethe Vestager said.
Just days before the Digital Markets Act comes into force Vestager said in an interview with Bloomberg TV that she’s most concerned about smaller app stores being given fair access to operating systems run by companies that dominate the market like the likes of Apple Inc., Alphabet Inc.’s Google, and Microsoft Corp.
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Offering CollegeCourseWebsiteIndian School of BusinessISB Professional Certificate in Product ManagementVisitMITMIT Technology Leadership and InnovationVisitIndian School of BusinessISB Product ManagementVisit“I think it’s important for instance that you can have more than one app store on your phone,” Vestager said. “In any other circumstance, if you don’t like one shop, you can go into another one.”
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Under the DMA, firms face a slew of new restrictions across operating systems, app stores and their digital platforms. Fines for violating these rules will be as high as 10% of a company’s total annual worldwide revenue, or as much as 20% for repeat offenders.
Over recent weeks, large technology companies swept up by the rules — also including Amazon.com Inc. and Meta Platforms Inc. — have made several proposals to comply with the DMA and avoid further scrutiny. When it comes to the App Store, Apple has made efforts to restructure the fees it charges developers since it scrapped the 30% commission it has historically imposed, on top of new fees the EU could examine the legality of.
Big Tech firms shouldn’t make their DMA
