Apple and Meta fined millions for breaching EU law

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The European Union has fined Apple €500 million and Meta €200 million for violating regulations under the Digital Markets Act (DMA). Apple's fine relates to restrictions on app developers informing customers about purchasing options outside their platform, while Meta's fine pertains to its advertising model that allegedly forces users to consent to data tracking. These penalties highlight ongoing tensions regarding how tech giants operate in Europe compared to other regions, with critics arguing that such actions aim to safeguard competitive markets and consumer rights. Despite the fines, there are questions about the enforcement of these penalties and their implications for American businesses in the context of global tech competition.
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