tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

EU set to impose ‘minimal’ fines on Apple, Meta under DMA, FT reports

The European Union is expected to levy minimal fines on Apple (AAPL) and Meta (META) next week under its Digital Markets Act, as it looks to evade rising tensions with Donald Trump, the Financial Times’ Barbara Moens and Henry Foy report, citing people familiar with the decision. Apple is set to be fined and ordered to amend its App Store rules, while Meta will also be fined and ordered to revise its “pay or consent” model.

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Disclaimer & DisclosureReport an Issue

1