<ul><li>Apple and Meta Platforms face EU fines totaling €700 million ($798 million) for breaching Big Tech antitrust rules under the Digital Markets Act.</li><li>Apple was fined €500 million ($540 million), and Meta €200 million, amid threats of strong U.S. retaliation from President Donald Trump.</li><li>The punishments are far lower than previous penalties under traditional EU competition law, and are likely to be seen as an attempt to avoid further provoking Trump.</li><li>Apple responded fiercely to the EU penalty and said it would appeal the fine to the EU courts, while Meta accused the EU of attempting to handicap successful American businesses.</li></ul>

Apple, Meta see modest European Union DMA fines after U.S. President Trump’s warning

Discover more