Major Fines Imposed on Tech Giants

The European Commission has imposed hefty fines totaling €700 million on Apple and Meta Platforms for breaches of the bloc's competition laws. Apple faces a €500 million penalty, while Meta is fined €200 million under the Digital Markets Act (DMA), signaling a firm stance against big tech's market dominance.

Apple's App Store Practices Under Scrutiny

Investigations revealed that Apple's restrictive measures prevent developers from leveraging alternative distribution channels outside the App Store, limiting consumer access to cheaper and diverse offerings.

Meta's Controversial Advertising Model

Meta's "Consent or Pay" advertising model was criticized for not offering users a clear choice to opt for services that use less personal data while providing equivalent value to personalized ads.

A Strong Message from the EU

"Today's decisions underscore the DMA's role in fostering fair competition, protecting consumers, and ensuring a level playing field in the digital market," stated Teresa Ribera, Executive Vice-President for Clean, Just and Competitive Transition.