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The EU is set to impose minimal fines on Apple and Facebook-owner Meta next week under its Digital Markets Act, as Brussels seeks to avoid escalating tensions with US President Donald Trump.
The EU is presently trying to limit a prominent source of income for Meta. The biggest victims will be European businesses.
The White House has strongly condemned the European Union's fines against Apple and Meta, calling them a "novel form of economic extortion." These penalties, totaling 500 million euros and 200 million ...
The commission, which is the EU's executive arm, also fined Meta Platforms 200 million euros because it forced Facebook and Instagram users to choose between seeing personalized ads or paying to ...