Apple Ads and Apple Maps should not be designated under Digital Markets Act, says EU

Reuters02-05 17:55
Apple Ads and Apple Maps should not be designated under Digital Markets Act, says EU

BRUSSELS, Feb 5 (Reuters) - The European Commission said Apple Ads and Apple Maps should not be designated under the EU’s Digital Markets Act, citing Apple Maps' relatively low usage in the EU and the limited scale of Apple Ads in the EU online advertising market.

"The Commission has concluded that Apple does not qualify as a gatekeeper in relation to Apple Ads and Apple Maps, as neither of these platform services constitute an important gateway for business users to reach end users," it said in a statement on Thursday.

(Reporting by Charlotte Van Campenhout;Editing by Sudip Kar-Gupta)

((Charlotte.VanCampenhout@thomsonreuters.com; X: @CVanCampenhout / bsky:@charlottevc.bsky.social;))

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment