Apple and Meta to be slapped with EU fines, but only as a warning shot

Apple and Meta to be slapped with EU fines, but only as a warning shot

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The United States manufactures artificial intelligence and electric cars, China makes cars and electric cars, and the European Union is busy with technical regulations. As you know, there is something called DMA (digital market law) on the old continent. It has been going on for nearly two years, and aims to ensure fair behavior by dominant technology companies and prevent practices that hinder emerging platforms. You also know, Apple, Google and Meta are investigated for DMA violations in the European Union for a year now. And now, as Reuters, Apple and Meta reports are expected to receive fines for violating the regulations designed to reduce market dominance.

However, the alleged fines will not be large, but relatively small and even modest, according to individuals familiar with the matter.

The European Commission has been working on both companies since last year due to the potential violations of the Digital Market Law, which allows penalties up to 10 % of the company's global annual revenues.

10 % of Apple revenue for 2024 - which is more than 391.04 billion dollars - the equivalent of approximately 40 billion dollars and this amount is enough to make any executive manager, even Tim Cook, crazy. Meta 2024 revenues are 164 billion dollars, so I don't imagine that Zuckerberg will be happy to pay more than $ 16 billion as well. So they must throw a party, if the DMA fines are actually small. The limited range of alleged violations - given the implementation of the last DMA - in addition to the broader geopolitical considerations, also contributes to the decision to impose only modest fines.

Last month, US President Donald Trump issued a warning note of potential definitions against countries that punish American companies. The European Union rejected the allegations that its actions are not fairly targeting American technology companies.

No final decision has been made about fines, and the result can change. However, this month is expected to be consistent with the statements of the head of anti -monopoly in the European Union Theresa Ribera in February. The European Commission refused to comment on Reuters.

In the compliance report issued last week, Meta stated that despite its intensive efforts to abide by the European Union regulations, the organizers continue to request procedures that exceed what is stipulated in the law. Apple compliance with Apple reiterated his position that mandatory changes increase the risks of users and developers, noting concerns about harmful programs, fraud and fraud.

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The United States manufactures artificial intelligence and electric cars, China makes cars and electric cars, and the European Union is busy with technical regulations. As you know, there is something called DMA (digital market law) on the old continent. It has been going on for nearly two years, and aims to ensure fair behavior by dominant technology companies and prevent practices that hinder emerging platforms. You also know, Apple, Google and Meta are investigated for DMA violations in the European Union for a year now. And now, as Reuters, Apple and Meta reports are expected to receive fines for violating the regulations designed to reduce market dominance.

However, the alleged fines will not be large, but relatively small and even modest, according to individuals familiar with the matter.

The European Commission has been working on both companies since last year due to the potential violations of the Digital Market Law, which allows penalties up to 10 % of the company’s global annual revenues.

10 % of Apple revenue for 2024 – which is more than 391.04 billion dollars – the equivalent of approximately 40 billion dollars and this amount is enough to make any executive manager, even Tim Cook, crazy. Meta 2024 revenues are 164 billion dollars, so I don’t imagine that Zuckerberg will be happy to pay more than $ 16 billion as well. So they must throw a party, if the DMA fines are actually small. The limited range of alleged violations – given the implementation of the last DMA – in addition to the broader geopolitical considerations, also contributes to the decision to impose only modest fines.

Last month, US President Donald Trump issued a warning note of potential definitions against countries that punish American companies. The European Union rejected the allegations that its actions are not fairly targeting American technology companies.

No final decision has been made about fines, and the result can change. However, this month is expected to be consistent with the statements of the head of anti -monopoly in the European Union Theresa Ribera in February. The European Commission refused to comment on Reuters.

In the compliance report issued last week, Meta stated that despite its intensive efforts to abide by the European Union regulations, the organizers continue to request procedures that exceed what is stipulated in the law. Apple compliance with Apple reiterated his position that mandatory changes increase the risks of users and developers, noting concerns about harmful programs, fraud and fraud.



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