Apple and Meta hit with combined $797 million fine for violating EU's DMA antitrust rules
techspot.com
What just happened? The European Commission has just hit Apple and Meta with combined fines of almost $1 billion. It marks the first fines handed out by the Commission under its Digital Markets Act (DMA), and arrives just after President Trump threatened to levy tariffs against any countries that penalize US companies.
Apple was handed the larger fine of 500 million euros ($570 million), while Meta has to pay 200 million euros ($228 million), making a combined total of 700 million euros, or $797 million.
In addition to its $570 million fine, Apple has been slapped with a cease-and-desist order requiring it to make further product changes by June. If it fails to comply with this order, the Commission can fine it for every additional day it refuses to cooperate.
The penalties come after a year-long investigation in which the Commission found that Meta forced Facebook and Instagram users to ...
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