Wed, 23 Apr 2025

Wed, 23 Apr 2025 Apple and Meta attack 'unfair' €700m EU fines

The tech giants have reacted with fury, accusing the EU of unfairly pursuing US companies.

* The European Union has fined Apple €500m (£428m) and Meta €200m (£171m) under a new law aimed at curbing big tech's power.
* The fines relate to Apple's App Store, which was found to have breached rules on offering alternative app marketplaces, and Meta's "consent or pay" model for data collection.
* Both companies have 60 days to comply with the EU's demands or risk further fines.
* The US has levied a 10% tariff on imports from the EU amid economic tensions between the two countries.
* Apple and Meta have reacted angrily, accusing the EU of unfairly targeting them and imposing "multi-billion-dollar tariffs".
* Experts say the fines are significant in the context of global economic tensions and highlight the EU's commitment to enforcing rules on big tech companies.
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