Apple and Meta Fined by EU for Violating Digital Markets Act

Apple and Meta have been fined by the European Commission under the Digital Markets Act (DMA) for antitrust violations. Apple received a €500 million fine for App Store anti-steering practices, while Meta was fined €200 million for its 'pay or consent' ad model. Both companies have 60 days to comply or face additional penalties.

By Jess Weatherbed · The Verge ·

Apple and Meta Fined by EU for Violating Digital Markets Act

Tickers: $AAPL $META

Topics: antitrust Apple Digital Markets Act EU fines Meta

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