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BTCC / BTCC Square / Global Cryptocurrency /
EU Targets Apple & Meta with $750M Fines Under Digital Markets Act

EU Targets Apple & Meta with $750M Fines Under Digital Markets Act

Author:
Global Cryptocurrency
Published:
2025-04-24 17:17:01
20
2

The European Union has levied hefty fines totaling $750 million against Apple and Meta, marking the first major enforcement action under its new Digital Markets Act. Regulators imposed a €500 million ($571 million) penalty on Apple for restricting app developers from promoting alternative payment options outside its ecosystem.

This crackdown signals the EU’s determination to rein in Big Tech’s dominance. The fines reflect growing global scrutiny of anti-competitive practices in digital markets, though the immediate impact on cryptocurrency markets appears limited. No direct crypto projects or exchanges were implicated in this regulatory action.

|Square

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