EU Slaps Apple and Meta with Massive Fines

In a bold move, the European Commission has imposed a combined fine of €700 million on Apple and Meta Platforms for breaching the bloc's competition laws. This action underscores the escalating tensions between the EU and the US tech giants.

Apple's €500 Million Penalty

Apple faces a €500 million fine for restricting developers from leveraging alternative distribution channels outside its App Store, thereby limiting consumer access to cheaper and diverse options.

Meta's €200 Million Fine

Meta was fined €200 million for its controversial "Consent or Pay" advertising model, which fails to offer users a clear choice for services that use less personal data while maintaining service equivalence.

A Strong Message from the EU

"Today's decisions send a strong and clear message," stated Teresa Ribera, highlighting the Digital Markets Act's role in fostering fair competition and protecting European consumers.