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EU Delays Penalties for Apple and Meta During US Trade Negotiations

The European Commission postponed regulatory actions under the Digital Markets Act, though enforcement remains on track with no clear timeline for announcements.

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Overview

  • The European Commission delayed announcing cease-and-desist orders and potential fines for Apple and Meta, initially planned for earlier this week.
  • The postponement coincided with EU Trade Commissioner Maroš Šefčovič's meeting with US officials in Washington to advance transatlantic trade talks.
  • The investigations focus on Apple's App Store rules restricting external transactions and Meta's paid opt-out for personalized ads.
  • Penalties under the Digital Markets Act could include fines up to 10% of global revenue, though the financial impact is expected to be lower than the maximum allowed.
  • European Parliament lawmakers raised concerns about potential political influence on the timing of regulatory decisions, emphasizing the need for regulatory independence.