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Apple and Meta hit with massive fines for violating EU law
AAPLApple(AAPL) New York Post·2025-04-23 18:46

Apple and Meta were each slapped with fines of hundreds of millions dollars Wednesday for violating the European Union’s new competition law that aims to curb the power of Big Tech.EU antitrust regulators fined Apple 570millionforpreventingappmakersfrompointinguserstocheaperoptionsoutsideitsAppStore.Meta,meanwhile,washitwitha570 million for preventing app makers from pointing users to cheaper options outside its App Store.Meta, meanwhile, was hit with a 230 million because it forced Facebook and Instagram users to choose between seeing ads or paying to avoid them, the watchdog said. 4 Apple and Meta were each s ...