EU slaps Apple with $570M fine, Meta with $226M

1 week ago

The European Union (EU) has levied huge fines against American tech giants Apple and Meta, marking the first enforcement actions under its newly enacted Digital Markets Act. The landmark move signals a tougher stance on big tech’s dominance in the digital economy. Apple was fined €500 million ($570 million) for preventing app developers from directing users to cheaper purchasing options outside its App