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EU hands Apple, Meta massive fines despite warnings from Trump
AAPLApple(AAPL) Fox Business·2025-04-24 02:26

The European Union (EU) slapped Apple and Meta with hundreds of millions of dollars in fines on Wednesday despite warnings from President Donald Trump that countries who penalize U.S. companies could be hit with tariffs. Apple was fined 500 million euros (570millionUSD)andMeta200millioneuros(570 million USD) and Meta 200 million euros (228 million USD) by EU antitrust regulators under the Digital Markets Act (DMA), a landmark piece of legislation targeting Big Tech.The sanctions were handed down following an investigation by the European Com ...