The European Commission's president, Ursula von der Leyen, expressed strong concerns about big tech's market power, yet the EU's enforcement of the Digital Markets Act proved weak. Instead of imposing substantial fines, Apple was fined only $570 million and Meta just $228 million for serious violations of user data and app store practices. Given their massive revenues, these fines are insignificant, undermining the act's intent and allowing these companies to continue exploitative practices with minimal repercussions. It highlights a growing frustration among voters over perceived impunity due to wealth.
The fines issued by the EU to Apple and Meta for violating the Digital Markets Act are disappointingly small, trivializing the enforcement against tech giants' dominance.
Despite the potentially severe penalties under the Digital Markets Act, the EU's weak enforcement sends a message that major tech companies can continue their exploitative practices without significant consequences.
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