00:00The European Union will charge Meta, the parent company of Facebook and Instagram,
00:05for violating the Digital Markets Act, or DMA, accusing Meta of coercing users into consenting
00:12to personal data tracking through its pay-or-consent model. This follows similar charges
00:17against Apple, showing the EU's commitment to enforcing digital regulations. Meta faces
00:23penalties of up to 10% of global turnover, increasing to 20% for repeat offenses.