EU's Vestager Says Apple's New Fee Structure Is Kind Of Thing She Will Be Investigating; Asked About Meta's New Fees, Says There Are Many Different Ways To Monetize Its Services; Will Assess What Is Next Push To Get Meta To Comply With Digital Markets Act
Portfolio Pulse from Happy Mohamed
EU's competition chief, Margrethe Vestager, announced an investigation into Apple's new fee structure, highlighting concerns over compliance with the Digital Markets Act. While Meta's new fees were also mentioned, Vestager noted the variety of monetization strategies available to Meta and the ongoing assessment to ensure compliance with the Act.
March 19, 2024 | 6:50 pm
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NEGATIVE IMPACT
Apple's new fee structure is under investigation by the EU, which could lead to regulatory challenges and potential changes in how Apple operates within Europe.
Given the EU's strict regulatory environment and the focus on digital markets, any investigation into Apple's practices could result in negative outcomes for the company, including fines or mandatory changes to its business model.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 90
NEGATIVE IMPACT
The investigation into tech giants like Apple and Meta by the EU could influence the broader European market, potentially impacting VGK as it tracks European stocks.
As VGK tracks a broad range of European stocks, regulatory actions against major tech companies could have ripple effects across the market, potentially leading to negative short-term impacts for VGK.
CONFIDENCE 70
IMPORTANCE 50
RELEVANCE 50
NEUTRAL IMPACT
Meta's new fees and monetization strategies are under EU scrutiny, but the company has various ways to comply with the Digital Markets Act.
While Meta is also under investigation, the EU's acknowledgment of the company's diverse monetization strategies suggests a potential for easier compliance with the Digital Markets Act, compared to Apple.
CONFIDENCE 75
IMPORTANCE 60
RELEVANCE 70