EU announces fines on Apple and Meta for breaking digital competition rules

The Manila Times

EU announces fines on Apple and Meta for breaking digital competition rules  The EU announces it is issuing Apple and Meta with 700 million euros in fines for breaking digital competition rules. The fines are the first to be made under the Digital Markets Act (DMA), which came into effect last year, forcing the world's biggest tech firms to open up to competition in the EU.  EBS / AFP VIDEO  Subscribe to The Manila Times Channel - https://tmt.ph/YTSubscribe   Visit our website at https://www.manilatimes.net   Follow us:  Facebook - https://tmt.ph/facebook  Instagram - https://tmt.ph/instagram  Twitter - https://tmt.ph/twitter  DailyMotion - https://tmt.ph/dailymotion   Subscribe to our Digital Edition - https://tmt.ph/digital   Check out our Podcasts:  Spotify - https://tmt.ph/spotify  Apple Podcasts - https://tmt.ph/applepodcasts  Amazon Music - https://tmt.ph/amazonmusic  Deezer: https://tmt.ph/deezer  Tune In: https://tmt.ph/tunein  #TheManilaTimes #worldnews  #europeanunion  #apple  #meta

Transcript

00:00So today the Commission has imposed fines of 500 million euro to Apple and 200 million euro to Meta for breaching the Digital Markets Act.

00:10Now Apple is indeed breaching its anti-steering obligations under the DMA by imposing a number of restrictions on app developers to steer their customers to alternative offers outside the Apple App Store.

00:24Meta, with its binary pay or consent advertising model, is breaching the DMA obligation to give consumers the choice of a service that uses less of their personal data.

00:37Now these two fines issued today are the first ones under the DMA.

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