Should new tech rules apply to Microsoft’s Bing, Apple’s iMessage, EU asks

EU antitrust regulators are asking Microsoft’s (MSFT.O) users and rivals whether Bing should comply with new tough tech rules and also whether that should be the case for Apple’s (AAPL.O) iMessage, people familiar with the matter said on Monday.

The European Commission in September opened investigations to assess whether Microsoft’s Bing, Edge and Microsoft Advertising as well as Apple’s iMessage should be subject to the Digital Markets Act (DMA).

The probes came after the companies contested the EU competition regulator labelling these services as core platform services under the DMA.

The DMA requires Microsoft, Apple, Alphabet’s (GOOGL.O) Google, Amazon (AMZN.O), Meta Platforms (META.O) and ByteDance to allow for third-party apps or app stores on their platforms and to make it easier for users to switch from default apps to rivals, among other obligations.

The Commission sent out questionnaires earlier this month, asking rivals and users to rate the importance of Microsoft’s three services and Apple’s iMessage versus competing services.

The people familiar with the matter said the EU watchdog asked if there was anything specific to the services that business users rely on and how they fit into the companies’ ecosystems.

It also asked for the number of users using the services.

Respondents were given less than a week to provide feedback. The Commission wants to complete its investigation within five months.

source: reuters.com

Newsletter

Fintech Future Summit Bengaluruspot_imgspot_imgspot_imgspot_img
the financial
the financial
Top platform for impactful conferences, news, and networking opportunities. Stay Connected. Stay Informed. Stay Ahead with The Financial
spot_imgspot_imgspot_imgspot_img

Banking Central | India needs a much higher deposit insurance for its bank customers

India’s deposit insurance framework needs an urgent recalibration. The threshold of Rs 5 lakh is inadequate in the current economic landscape where deposit sizes...

Closing Bell: Saudi main index closes in red at 12,317

RIYADH: Saudi Arabia’s Tadawul All Share Index dipped on Wednesday, losing 16.08 points, or 0.13 percent, to close at 12,317.59. The total trading turnover of the...

MENA startups secure new investments, acquisitions across fintech, AI and e-commerce

RIYADH: Startups across the Middle East and North Africa continue to attract significant investment, with funding rounds and acquisitions shaping the region’s growing tech...