Apple, Meta Fined Over $700m Under EU’s Digital Markets Act Amid Rising Transatlantic Tech Tensions

Apple and Meta have become the first companies to be fined under the European Union’s Digital Markets Act (DMA), in a landmark ruling that has reignited transatlantic tensions and drawn renewed accusations of political retaliation cloaked in antitrust enforcement. The European Commission on Tuesday announced that Apple would pay a €500 million (approximately $570 million) [...]The post Apple, Meta Fined Over $700m Under EU’s Digital Markets Act Amid Rising Transatlantic Tech Tensions appeared first on Tekedia.

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