World News@lemmy.worldEnglish · 2 days ago

EU whacks Apple and Meta with $800 million in antitrust fines. Meta calls its penalty a ‘tariff’

www.cnn.com

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EU whacks Apple and Meta with $800 million in antitrust fines. Meta calls its penalty a ‘tariff’

www.cnn.com

cm0002@lemmy.world to

World News@lemmy.worldEnglish · 2 days ago

EU whacks Apple and Meta with $800 million in antitrust fines. Meta calls its penalty a ‘tariff’ | CNN Business

www.cnn.com

The European Union has fined Apple and Meta a combined €700 million ($797 million) in the first enforcement of its landmark digital competition law.

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€200 million per month for all European users data is likely well within ‘cost of business’ for Facebook…

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