Meta And Apple Fined $798 Million By EU For Breaching Digital Markets Act; Companies Call It Unfair
Briefly

The European Union has fined Apple €500 million and Meta $228 million for violating the Digital Markets Act, aimed at ensuring fair competition for smaller rivals. Meta's new pay-or-consent model permits user tracking unless paid for an ad-free experience. Apple faces scrutiny for preventing iPhone users from downloading apps outside its App Store. Both companies criticized the EU's actions as unfairly targeting American businesses and potentially harming user privacy and competition. The European Commission is also reassessing its investigations into major tech firms, which could alter future probes under the DMA.
Today's announcements are yet another example of the European Commission unfairly targeting Apple in a series of decisions that are bad for the privacy and security of our users, bad for products, and force us to give away our technology for free.
The European Commission is attempting to handicap successful American businesses, while allowing Chinese and European companies to operate under different standards. This isn't just about a fine; the Commission is forcing us to change our business model, effectively imposing a multi-billion.
Read at Mashable India
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