🚨 Apple and Meta Fined in the EU
• Apple fine: €530 million (≈ $571 million) for abusing dominant position in the iOS app market.
• Meta fine: €211 million (≈ $228 million) for tying services and limiting competition in advertising.
• Reason: Violation of EU antitrust rules aimed at ensuring fair conditions for developers and advertisers.
• Market impact:
• Developers can expect more transparent publishing conditions in the App Store.
• The social media advertising market will become more open to alternative players.
Short conclusion: The EU continues to strictly regulate technology giants, which may shift focus towards smaller innovative projects.