Apple and Meta fined millions by EU over competition law

News Snapshot:

Apple and Meta have been fined millions of euros by the EU for breaking digital competition rules. They are the first companies to be fined for breaching a new law designed to increase competition in the EU's digital economy. Apple was fined €500m (£428m) for stopping app makers from pointing to cheaper options outside the App Store - and Meta was fined €200m (£171m) for forcing Instagram and Facebook users to choose between seeing ads or paying to avoid them. The fines were issued under the EU's Digital Markets Act (DMA), a series of rules designed to give consumers and...