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Apple and Meta Stocks Rise as Tech Titans Near EU Antitrust Deal
Apple and Meta Stocks Rise as Tech Titans Near EU Antitrust Deal
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BTCCSquare news:
Shares of Meta Platforms (META) and Apple (AAPL) climbed as the companies advanced toward settling antitrust disputes with the European Union. A Financial Times report indicates both are in final negotiations to resolve allegations under the Digital Markets Act (DMA), which targets dominant tech platforms.
Meta faces scrutiny over its 'pay or consent' model, fined €200 million for forcing users to choose between data tracking or paid ad-free access. The EU deemed the approach non-compliant, demanding clearer opt-out mechanisms for reduced data usage.
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