By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Breaking US News – USA Business MediaBreaking US News – USA Business MediaBreaking US News – USA Business Media
  • Home
  • USA
  • World
  • Business
    • CEO
    • Entrepreneur
    • Founder
    • Journalist
    • Realtor
  • Health
    • Doctor
    • Plastic Surgeon
    • Beauty Cosmetics
  • Sports
    • Athlete
    • Coach
    • Fitness Trainer
  • Cryptocurrency
  • Entertainment
  • Technology
Font ResizerAa
Breaking US News – USA Business MediaBreaking US News – USA Business Media
Font ResizerAa
  • Home
  • USA
  • World
  • Business
  • Health
  • Sports
  • Cryptocurrency
  • Entertainment
  • Technology
Search
  • Home
  • USA
  • World
  • Business
    • CEO
    • Entrepreneur
    • Founder
    • Journalist
    • Realtor
  • Health
    • Doctor
    • Plastic Surgeon
    • Beauty Cosmetics
  • Sports
    • Athlete
    • Coach
    • Fitness Trainer
  • Cryptocurrency
  • Entertainment
  • Technology
Follow US
Home » Blog » EU slaps Meta, Apple with nearly $800m fines | Technology News
World

EU slaps Meta, Apple with nearly $800m fines | Technology News

Emily Davis
By Emily Davis
Share
3 Min Read
SHARE

The sanctions are the first to be issued under the Digital Markets Law of the block.

The European Union has measured to Apple and 700 million euros (almost $ 800 million) means for violating the Digital Markets Law (DMA) of the block of the block, the first time sanctions are issued under the new regulation designed to control the power of large technological companies.

Apple was beaten with a fine of 500 million euros ($ 570 million) for restricting how application developers communicate with users on alternative sales and sacrifices.

Meta was purified 200 million euros (almost $ 230 million) for its controversial model of “salary or consent”, which forces EU users to pay access without ads to Facebook and Instagram or consent for specific advertising.

The sanctions follow a one -year investigation by the European Commission, the EU executive agency, on whether the companies were complying with the DMA, which entered into force last year.

Together with his fine, Apple has received a cessation and withdrawal order that requires more changes in the operations of its application store at the end of June. If the company does not comply, the commission could impose daily sanctions for continuous infractions.

The officials are also reviewing the target changes introduced at the end of last year to assess whether their updated model now satisfies the regulation.

The commission emphasized that Wednesday’s fines are of a procedural nature and are a significant calm calm than the sanctions previously issued under the EU antimonopoolio rules, whose objective is to promote competition and break the companies it sees.

Last year, Apple received 1.8 billion euros ($ 2.05 billion) for abusing its dominant position in the transmission of music, while Meta was 1197 million euros ($ 909 million) for promoting its advertisement service classified in its social media platforms.

But the continuous execution of the regulations runs the risk of increasing tensions with Washington, where President Donald Trump has previously threatened even more rates against the directives that penalize the companions of the United States.

In February, the White House warned that it would consider countermeasures in response to the digital regulations of the block, which includes the DMA, and the Law of Separate Digital Services, a law aimed at online misinformation.

But within the US, the pressure is also increasing on Big Tech.

Apple and Amazon also face antitrust demands, while Google has suffered two important losses in the last year on their domain in the search for the Internet and digital advertising.

Meta said that it is likely to appeal the failure of European commissions, describing the decision as an attack aimed at US companies.

Share This Article
Facebook Copy Link Print

Fast Four Quiz: Precision Medicine in Cancer

How much do you know about precision medicine in cancer? Test your knowledge with this quick quiz.
Get Started
Rahul Yadav Indian Entrepreneur | India’s Mastermind of IT Innovation

In a time when technology reshapes every aspect of life and business,…

Apple’s ‘Friday Night Baseball’ is back on March 28 with a World Series documentary in tow

Apple's offered Major League Baseball games through the Apple TV app since…

10 Benefits of Forex Hedging Most Traders Don’t Know About

Hedging is possibly the most misunderstood trading method in the world. It's…

Your one-stop resource for medical news and education.

Your one-stop resource for medical news and education.
Sign Up for Free

You Might Also Like

World

Homes of Kashmir attack suspects demolished | Conflict News

By Emily Davis
World

India accuses Pakistan of violating ceasefire hours after reaching U.S.-led deal

By Emily Davis
World

Japan woos retail investors by lowering entry barriers to stock investing

By Emily Davis
World

Russia’s Putin declares unilateral Easter ceasefire in Ukraine conflict | Russia-Ukraine war News

By Emily Davis
Breaking US News – USA Business Media
USA
  • USA
  • World
  • Technology
  • Cryptocurrency
Business
  • CEO
  • Founder
  • Journalist
  • Entrepreneur
  • Technology
Health
  • Doctor
  • Beauty Cosmetics
  • Plastic Surgeon
Sports
  • Coach
  • Fitness Trainer
  • Entertainment

© 2017-2025 usabusinessmedia. All Rights Reserved.

Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?