EU fines Apple, Meta millions for breaching tech competition rules

The European Union has imposed fines on Apple and Meta for violations of the Digital Markets Act, with Apple facing a €500 million (approximately $568 million) penalty and Meta receiving €200 million (about $227 million). The EU’s accusations against Apple center on its non-compliance with regulations requiring app developers to inform customers about alternative purchasing options. These actions highlight the EU’s commitment to enforcing digital market regulations to promote fair competition and consumer choice within the bloc.

Full Article