European Union hits Apple and Meta with nearly $800 million in fines amid U.S. trade tensions

Under the EU's Digital Markets Act, Apple is required to allow developers to freely inform customers of alternative offers outside its App Store. The European Union on Wednesday fined Apple and Meta hundreds of millions of euros each for breaching the bloc's digital competition laws. The European Commission, which is the executive body of the EU, said it was fining Apple 500 million euros ($571 million) and Meta 200 million euros ($228.4 million) for breaches of the Digital Markets Act (DMA). Officials said that Apple failed to comply with so-called "anti-steering" obligations under the DMA. Under the EU's tech law, Apple is required to allow developers to freely inform customers of alternative offers outside its App Store. The tech giant was ordered by the EU to remove technical and commercial restrictions on steering and to refrain from perpetuating its non-compliant conduct in the future. Apple said in a statement that it planned to appeal the EU fine while continuing its discu ... Read full article.