The European Union fined Apple and Meta $800 million for violating the Digital Markets Act, a new law designed to prevent ...

The US criticized the EU fines on Apple and Meta, calling them “economic extortion." It also attacked the DMA legislation.

Going forward, the DOJ will not prosecute cases that exclusively involve regulatory violations pertaining to digital assets. Specifically, the DOJ has stated that, unless there is evidence that a ...

EU fines Apple and Meta under new competition law for limiting user choice and data privacy, marking a major step in global ...

Enforcement of the Digital Markets Act is under way. The European Commission has launched formal proceedings against three major providers of core platform services.

That’s what White House National Security Council spokesperson Brian Hughes branded the EU’s first ever DMA fines, levied ...

European Union regulators imposed hefty fines on Apple and Meta on Wednesday, intensifying efforts to enforce the bloc’s ...

South Korea's economy unexpectedly contracted in the first quarter of the year, the country's central bank said Thursday, ...

Welcome to the Brussels Edition, Bloomberg’s daily briefing on what matters most in the heart of the European Union.

The European Commission fined Meta and Apple combined roughly $800 million in total Wednesday and ordered sweeping changes to ...

The fine pertains to March 2024, when DMA rules were enacted, through November 2024, when Meta launched a non-compliant ad ...

These are the first antitrust sanctions under the DMA, after a year-long investigation into Apple's practices.