EU slaps Apple & Meta $800 Million in anti-trust fines

[TheButcher]

Serious money even for multi-billion dollar companies.

"London CNN —

The European Union has fined Apple and Meta a combined €700 million ($797 million) in the first enforcement of its landmark digital competition law.

The penalties for breaching the Digital Markets Act come amid attacks on the EU by the Trump administration for what it sees as the bloc’s unfair targeting of American companies.

The European Commission, the EU’s executive arm, said Wednesday that it has fined Apple (AAPL) and Facebook owner Meta (META) €500million ($570 million) and €200 million ($228 million) respectively. "

https://www.cnn.com/2025/04/23/tech/eur ... index.html

[deviantz]

Who and how do they come up with these sky high penalty figures?

[pornmafia]

Who and how do they come up with these sky high penalty figures?

Obvious to me, the bigger the company the more they slap fines and penalties on

[voyeurz]

Whoa big bucks

[3ric]

That's rich they come along pass some law and fine American companies.

[tacnet]

This is really just a slap on the wrists for Apple and Meta. If you think about it, Apple turned over $390 billion in 2024 and Meta did $164 billion last year, so a fine of $570 million and $228 million respectively is chump change for them. And I think that is deliberate, the EU doesn't want Trump to be able to accuse them of attacking American companies

[Brian]

This is really just a slap on the wrists for Apple and Meta. If you think about it, Apple turned over $390 billion in 2024 and Meta did $164 billion last year, so a fine of $570 million and $228 million respectively is chump change for them. And I think that is deliberate, the EU doesn't want Trump to be able to accuse them of attacking American companies

Exactly these multi-billion companies can pay and write it off without a blink of an eye lid.

[AdultBoost]

The trade war is getting tougher

[Wm2man]

Greedy fuckers fining companies

[vroomlinks]

It's just money they can move past it and make hundreds of millions more