The European Union has fined Apple and Meta a combined 700 million euros under its new Digital Markets Act (DMA). Apple received a 500 million euro fine for restricting app developers from offering cheaper purchasing options outside its App Store. Meta was fined 200 million euros for forcing users to choose between personalized ads or paying to avoid them. Both companies must comply within 60 days or face additional penalties. The DMA aims to enhance consumer choice and prevent tech giants from dominating digital markets. Apple and Meta have indicated plans to appeal the decisions. — new from AP News
