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EU's Vestager Warns About Apple And Meta Fees

People walk behind a Meta Platforms logo during a conference in Mumbai,

European Union's antitrust chief, Margrethe Vestager, has issued a warning directed at tech giants Apple and Meta (formerly Facebook) regarding their practices of imposing fees and disparaging rival products. Vestager's remarks come amidst growing concerns over the dominance of these companies in the digital market.

Apple has faced criticism for its App Store policies, which require developers to use its payment system and pay a commission on in-app purchases. Vestager expressed concerns about the impact of these fees on competition and consumer choice, highlighting the need for fair and transparent practices.

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