Hua Er Jie Jian Wen·2025-04-23 10:46Core Points - The European Union has imposed fines of €500 million on Apple and €200 million on Meta, totaling €700 million (approximately $798 million), for violations of the Digital Markets Act (DMA) [1][2] - Apple was fined for not allowing developers to link to external platforms for sales from its App Store, while Meta was penalized for its ad-free business model on Instagram and Facebook [1] - This marks the first enforcement action under the DMA, with potential for larger penalties if compliance is not achieved within 60 days [1] - The EU's antitrust chief emphasized that all companies operating in the EU must adhere to its laws and values [1] Regulatory Context - The fines, while substantial, are considered relatively restrained given that the DMA allows for penalties up to 10% of a company's global annual revenue [2] - This approach may reflect the EU's intention to avoid escalating tensions with former President Trump, who has threatened retaliatory tariffs against the EU's tech regulations [2]