EU fines Apple 500M euros, Meta 200M euros for breaking competition rules | CBC News
Docus @ Docus @lemmy.world Posts 3Comments 270Joined 2 yr. ago
Docus @ Docus @lemmy.world
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It’s a warning, with the aim of getting them to comply with EU rules. Not a punishment to put them out of business. But repeat offenders can get repeat fines, up to 10% of global revenue (not profits) which is not a cost of business most companies can ignore.