Apple, Facebook may be hit with fines over breaching EU’s tech law
Apple and Meta anticipate small fines for supposed violations of the EU's Digital Markets Act. The fines are expected to be up to 10% of global revenue. The EU aims to enforce compliance over punishment. Final decisions will be made this month. Potential fines are due to recent regulatory framework implementation in 2023.
Apple and Meta anticipate small fines for supposed violations of the EU's Digital Markets Act. The fines are expected to be up to 10% of global revenue. The EU aims to enforce compliance over punishment. Final decisions will be made this month. Potential fines are due to recent regulatory framework implementation in 2023.
