Apple (AAPL) and Meta Platforms (META) have been ordered to pay fines for violating the Digital Markets Act, the European Commission said Wednesday.
Apple has been fined 500 million euros ($570.8 million) and Meta 200 million euros for breaching the European Union law, which aims to protect consumers from large tech companies, the EU watchdog said.
Apple was fined for failing to open up its devices to App Store competitors and ordered to open its platform, the commission said.
Meta was fined for not allowing Facebook users to opt out of having their personal information used by third parties without paying, the commission said.
The commission also said Wednesday that it has found that Meta's online intermediation service, Facebook Marketplace, should no longer be designated under the DMA. The decision comes after Meta requested earlier last month to reconsider the Marketplace designation, the commission added.
"Apple and Meta are required to comply with the Commission's decisions within 60 days, otherwise they risk periodic penalty payments," the commission said.
Apple and Meta did not immediately reply to MT Newswires' requests for comment.
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