Overview
- Apple was fined €500 million for restricting app developers from informing users about cheaper alternatives outside its App Store.
- Meta faces a €200 million penalty for its 'pay-or-consent' model, which forces users to accept personalized ads or pay for an ad-free experience.
- Both companies must comply with EU demands within 60 days or face additional daily fines.
- Apple has announced plans to legally challenge the decision, calling the penalties unfair and harmful to user privacy and security.
- The sanctions mark the first enforcement of the Digital Markets Act, signaling the EU's commitment to regulating Big Tech despite ongoing US-EU trade tensions.