Trump says Iran war "close to over" amid hopes for more negotiations
Investing.com -- Meta Platforms Inc. (NASDAQ:META) has been threatened with an interim European Union ban on policies that allegedly prevent rival artificial intelligence firms from operating on WhatsApp, unless the company offers fixes that address the bloc’s concerns, according to reports from Bloomberg and Dow Jones.
In a supplementary statement of objections, the European Commission said on Wednesday it intends to impose interim measures to prevent these policy changes from causing serious and irreparable harm on the market, subject to Meta’s reply and rights of defense.
The move follows policies introduced by Meta that complainants say may unfairly prevent rival AI providers from offering their business services through WhatsApp.
Under EU rules, competition regulators can order companies to temporarily stop suspect business practices, but these demands can be challenged in the bloc’s courts in Luxembourg. Fines for breaching the EU antitrust rulebook can be as high as 10% of global annual revenue, although they rarely reach that level, especially if alleged wrongdoing is short-lived.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.