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Apple fined ₹4,872 crore, Meta penalised ₹1,948 crore by EU for antitrust violations
short by Ashley Paul / on Wednesday, 23 April, 2025
European Union has imposed a ₹4,872-crore fine on Apple and a ₹1,948-crore fine on Meta for violating antitrust laws. The sanctions follow a year-long investigation by European Commission into whether the companies comply with Digital Markets Act, which seeks to allow smaller rivals into markets dominated by bigger companies. Both firms criticised the fines, with Apple calling it "unfair".
read more at Reuters