Apple, Meta Face Modest Fines as EU Seeks to Avoid US Spat
Apple is being probed by EU regulators under the DMA for allegedly preventing apps from being able to link out to alternative platforms to make purchases.
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Apple Inc. and Meta Platforms Inc. are set to be hit by fines under the European Union’s Big Tech competition rulebook toward the end of next week, with the iPhone maker facing the added threat of recurring penalties under the bloc’s Digital Markets Act.
EU regulators will likely dole out relatively modest fines against the two American tech firms when compared to antitrust penalties of the past, according to people familiar with the matter.