European Union watchdogs fined Apple and Meta hundreds of millions of euros Wednesday。
The European Commission imposed a 500 million euro ($571 million) fine on Apple for preventing app makers1 from pointing users to cheaper options outside its App Store.
The commission, which is the EU’s executive arm, also fined Meta Platforms 200 million euros because it forced Facebook and Instagram users to choose between seeing personalized ads or paying to avoid them.
Apple and Meta have to comply with the decisions within 60 days or risk unspecified “periodic penalty payments,” the commission said.