The European Union has imposed significant fines on Apple (â¬500 million) and Meta (â¬200 million) for violating the Digital Markets Act. Apple faces accusations for not allowing app developers to inform customers about alternative purchasing options, while Meta is cited for mandating that users consent to personalized advertising or pay. Both companies plan to appeal the fines as the EU continues to navigate regulatory challenges. These actions occur amidst rising tensions over U.S. trade policies and former President Trump's criticisms of EU tech regulations.
The European Union has fined Apple â¬500 million and Meta â¬200 million for allegedly breaching the bloc's Digital Markets Act.
The EU has accused Apple of failing to allow app developers to inform users about alternative purchasing methods for digital products.
The Commission is still contemplating whether to accept Meta's less-personalized ads option, amidst ongoing tensions over U.S. tech regulations.
Both Apple and Meta plan to appeal the EU's decisions, emphasizing their opposition to the regulations.
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