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Mark Zuckerberg's Meta faces EU charges for Digital Markets Act breach

Business Standard LogoBusiness Standard4d ago

Mark Zuckerberg's Meta faces EU charges for Digital Markets Act breach - Business Standard

Quick Summary:

The EU’s preliminary findings must be finalised within a year from the start of the official investigation in March.

Regulators fear this model presents consumers with a misleading choice, potentially coercing them into consenting to data tracking due to the financial barrier.

EU antitrust chief Margrethe Vestager raised concerns about Apple’s new terms, stating they restrict app developers from freely communicating with users and concluding contracts.


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Article Details

Category: BusinessFinance

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-07-01 @ 13:40:53 (4 days ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 609 words

Reading Time: 4 minutes read

Sentences: 32 lines

Sentence Length: 20 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 21438754

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About Business Standard

Business Standard Logo

Main Topics: BusinessFinance

Official Website: business-standard.com

Update Frequency: 289 posts per day

Year Established: 1975

Headquarters: India

News Last Updated: 3 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +5:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #49

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The story "Mark Zuckerberg's Meta faces EU charges for Digital Markets Act breach" was covered 4 days ago by Business Standard, a news publisher based in India.

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Business Standard is a fully independent (privately-owned) news outlet established in 1975 that covers mostly business and finance news.

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It's most recent story was published 3 hours ago.

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  • URL: https://beamstart.com/news/mark-zuckerbergs-meta-faces-eu-17198227106963

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