Apple and Meta Hit with $570M and $228M Fines for EU Law Violations
The European Union handed Apple a €500 million ($570 million) fine while imposing a €200 million ($228 million) penalty on Meta Platforms during its first enforcement under the 2022 Digital Markets Act to limit Big Tech control. The European Commission imposed these penalties after conducting a year-long investigation into Apple's app distribution channel restrictions and Meta's ad model requirement of payment or consent.
The reported fines by Reuters last month have raised the possibility of increased tensions between President Donald Trump and the EU because he threatened to impose tariffs on countries that penalize U.S. companies. The EU's actions demonstrate their commitment to competition development through market entry opportunities for smaller rivals against dominant tech companies.
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Dominic Maley is an American journalist recognized for his sharp and insightful reporting on social and political issues. His work is known for its depth, integrity, and the ability to highlight critical societal concerns.