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Apple likely to face EU fine for breaching DMA rules
- Apple and Meta Platforms are set to face European Union fines for allegedly breaching Digital Markets Act rules.
- The EU fines could cost companies as much as 10% of their global annual sales.
- The European Commission is focused on ensuring compliance with the law rather than imposing heavy fines.
- The short duration of the alleged violations and the geopolitical climate are reasons for modest fines.
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