The European Union has penalized Apple and Meta for violations of the Digital Markets Act, resulting in fines of 500 million euros and 200 million euros, respectively. The act aims to regulate tech giants, preventing them from abusing their market powers. Appleâs offense included restricting app developer communications with customers, while Meta enforced a consent or pay model for its services. The penalties represent a united front against the dominance of big tech across the Atlantic, amidst growing scrutiny from regulators in both the US and Europe.
Apple and Meta have been fined for violating the Digital Markets Act, marking a significant step by EU regulators against tech giants abusing competitive positions.
The European Commission highlighted Appleâs restriction on app developers and Metaâs coercive system for user data as breaches of the newly implemented law.
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