EU fines Apple and Meta $800m for breaching fair competition rules

The European Commission has imposed significant fines on Apple and Meta for breaching digital competition rules. Apple was fined 500 million euros for preventing app developers from directing users to cheaper options outside of the App Store. Meta was fined 200 million euros for its "pay or consent" system. The fines are likely to exacerbate tensions between the EU and the Trump administration, particularly given the US's previous objections to EU regulations. Apple has stated its intention to appeal the fine. The Commission has warned that the fines could increase if Meta and Apple fail to comply within 60 days.