European Commission announces ‘multi-billion-dollar tariff’ on American tech companies

The European Commission fined Meta and Apple combined roughly $800 million in total Wednesday and ordered sweeping changes to their business practices under the bloc’s Digital Markets Act.

The Commission levied penalties of $566 million and $226 million against Apple and Meta respectively, marking the first enforcement action under the European Union’s landmark tech competition law. The move comes as Brussels enters delicate trade negotiations with the Trump administration, which previously...