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EU fines Apple and Meta 700 million euros under the Digital Markets Act
According to PANews, the EU has issued fines to Apple and Meta for the first time under the Digital Markets Act, imposing fines of 500 million and 200 million euros, respectively, totaling about 700 million euros (approximately 798 million dollars).
The EU accuses Apple of preventing developers from directing users to purchase services outside the App Store, while Meta's ad-free subscription service was deemed illegal. Both companies must rectify the situation within 60 days, or they will face further penalties.
This decision comes amid strong criticism of EU tech regulation from the Trump administration, with the fines being milder than expected.
The EU accuses Apple of preventing developers from directing users to purchase services outside the App Store, while Meta's ad-free subscription service was deemed illegal. Both companies must rectify the situation within 60 days, or they will face further penalties.
This decision comes amid strong criticism of EU tech regulation from the Trump administration, with the fines being milder than expected.
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