Posted inAntitrust Laws and Competition Issues Apple Inc Computers and the Internet European Commission European Union Facebook Inc Fines (Penalties) Instagram Inc Meta Platforms Inc Mobile Applications Regulation and Deregulation of Industry Social Media United States International Relations United States Politics and Government
EU Fines Apple and Meta Total of $800 Million in First Use of Digital Competition Law
The European Commission said the Silicon Valley companies violated the Digital Markets Act, a law meant to crimp the power of the largest tech firms.