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Meta, Apple fined 700 million euros for breaching EU antitrust regulations


LONDON (Reuters) -European Union regulatory authorities on Wednesday enforced penalties on Apple and Meta amounting to 700 million euros ($ 877 million) for breaching brand-new antitrust regulations, the initial permissions under site regulations targeted at suppressing Big Tech’s power.

Here is some response to the fines:

APPLE IN AN EMAILED DECLARATION:

“Today’s announcements are yet another example of the European Commission unfairly targeting Apple in a series of decisions that are bad for the privacy and security of our users, bad for products, and force us to give away our technology for free.”

META IN AN EMAILED DECLARATION:

“The European Commission is attempting to handicap successful American businesses while allowing Chinese and European companies to operate under different standards.

“This isn’t practically a penalty; the Commission requiring us to transform our organization design, properly enforcing a multi-billion-dollar toll on Meta while needing us to use a substandard solution.”

” FORTNITE” MAKER EPIC GAMES CEO TIM SWEENEY:

“Great information for application programmers worldwide! (…) Today’s choice advantages all programmers – European programmers and American programmers alike. It highlights the requirement for America to in a similar way pass the Open App Markets Act to bring competitors back to electronic markets.

“Lobbyists and shills funded by American Big Tech had better not misportray Europe’s modest fine for Apple’s lawbreaking as a “European tax obligation on American business”. To do so would be to try to gaslight the administration into a trade war to protect Apple’s lawlessness.”

ANDREAS AUDRETSCH, REPLACEMENT PARLIAMENTARY LEADER OF ECO-FRIENDLY CELEBRATION IN GERMAN FEDERAL PARLIAMENT:

“The fines (…) are clearly too low. The Commission should have taken tougher action; in previous proceedings, the Commission had imposed significantly higher fines in the billions.

“There need to be no question that the Commission is prepared to tire all lawful ways to implement European legislation. This is especially crucial at once when Donald Trump and united state technology oligarchs are purposely attempting to threaten European legislation.

“There must be no subjugation of Europe. If Apple and Meta let the 60-day deadline pass without paying the fines, further steps must be taken.”

COMPUTER SYSTEM & & COMMUNICATIONS SECTOR ORGANIZATION (CCIA) EUROPE’S ELDERLY VICE HEAD OF STATE AND HEAD OF WORKPLACE DANIEL FRIEDLAENDER:

“The DMA’s (Digital Markets Act) credibility is being weakened by its unpredictable enforcement and shifting demands, combined with sweeping product-design mandates from the European Commission that disrupt the user experience and limit EU businesses’ ability to reach consumers.”



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