Europe Hits Apple, Meta With Huge Fines

europe hits apple meta with huge fines

The EU fines could stoke tensions with US President Donald Trump who has threatened to levy tariffs against countries that penalise US companies.

They follow a year-long investigation by the European Commission into whether the companies comply with the Digital Markets Act that seeks to allow smaller rivals into markets dominated by the biggest companies.

Apple said it would challenge the EU fine.

Todays announcements are yet another example of the European Commission unfairly targeting Apple in a series of decisions that are bad for the privacy and security of our users, bad for products, and force us to give away our technology for free, Apple said in an e-mailed statement.

Meta also criticised the EU decision.