The European Union has imposed a combined $800 million fine on Apple and Meta for antitrust law violations related to the Digital Markets Act, which seeks to limit the dominance of large tech firms, particularly US companies. Despite the fines being relatively minor in comparison to the companies' vast profits, both firms present the penalties as significant threats to their operations. Meta argues that the EU's actions represent an attack on American businesses, highlighting a broader conflict between US tech giants and European regulations. Amid these tensions, Apple and Meta are considering appealing the fines and hoping for potential negotiations with the Trump administration.
America's big tech is under assault by Europe, as seen through fines against Apple and Meta, reflecting the Digital Markets Act aimed at US companies.
Apple and Meta's response to the EU’s antitrust decisions highlights their view of these actions as discriminatory, targeting American interests while favoring local competition.
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