The European Commission (EC) has decided to fine tech giants Apple and Meta €500 million and €200 million, respectively, for violating antitrust laws. This was reported by the EC press service.
“Today, the European Commission found that Apple had breached its obligation under the Digital Markets Act (DMA) and Meta had breached its obligation under the DMA to provide consumers with a choice of service that uses less of their personal data. The Commission has therefore fined Apple and Meta €500 million and €200 million, respectively,” the statement said. It emphasized that “both decisions were taken following an extensive dialogue with the companies concerned, which allowed them to present their views and arguments in detail.”
Earlier, The Wall Street Journal reported that the European Union had decided not to fine American tech giants Apple and Meta for violating antitrust laws due to trade negotiations between the EU and the US. According to the newspaper, the European Commission initially planned to announce the fines on Tuesday, but after a meeting between the European Commissioner for Trade Policy and Economic Security Maroš Šefčovič and representatives of the US administration on Monday, the EU decided to hold off on imposing fines so as not to jeopardize the ongoing trade negotiations between the EU and the US. At the same time, in April, the Euractiv portal reported that Brussels intended to impose a fine of more than $1 billion on Meta.
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