EU slaps Meta, Apple with nearly $800m fines | Technology News

The penalties are the first to be issued under the bloc’s Digital Markets Act.

The European Union has fined Apple and Meta a combined 700 million euros (nearly $800m) for breaching the bloc’s landmark Digital Markets Act (DMA), the first time sanctions have been issued under the new regulation designed to rein in the power of Big Tech firms.

Apple was hit with a 500-million-euro ($570m) penalty for restricting how app developers communicate with users about alternative sales and…