Apple, Facebook-parent Meta may face ‘modest’ fines in Europe, here’s why

Apple and Facebook-parent Meta Platforms Inc. are expected to receive fines under the European Union’s (EU) Big Tech anti-competition policy next week. Moreover, the Cupertino-based tech giant may even face recurring penalties under the EU’s Digital Markets Act (DMA). However, a report citing people familiar with the matter claims that EU regulators are likely to issue relatively modest fines compared to past antitrust penalties against the two US tech firms.

With reduced penalty EU may be trying to enforce its digital rules without adding to the tensions with US President Donald Trump, the report notes. Earlier, Trump had warned of heavy tariffs in response to any “disproportionate” penalties against US tech firms.