Summary: The European Commission has fined Apple €500 million and Meta €200 million for breaching the Digital Markets Act (DMA). The fines, the first issued under the DMA, arise from Apple’s anti-steering violations and Meta’s misleading advertising model. Both companies are expected to appeal the fines, citing unfair targeting and potential impacts on their business models amid rising trade tensions with the United States.
Affected: Apple and Meta
Keypoints :
- Fines are the first issued under the DMA, which came into effect last year.
- Apple violated anti-steering rules by restricting how platforms direct users to third-party services.
- Meta’s advertising model limited consumer choice regarding personal data usage.
- Fines represent a smaller penalty than previous antitrust actions against the companies.
- Both companies plan to appeal the decisions, arguing they hurt American businesses.
- Trade tensions between the EU and the US could be exacerbated by these rulings.
Source: https://therecord.media/eu-fines-apple-steering-meta-data-privacy-dma