EU fines Apple €500M and Meta €200M

nottorp | 128 points

> Apple faces a €500 million fine for breaching the regulation’s rules for app stores, while Meta drew a penalty of €200 million for its "pay or consent" advertising model,

> The procedural fines fall short of the two giant penalties issued by the EU executive under its antitrust laws last year: €1.8 billion to Apple for abusing its dominant position while distributing music streaming apps, and €797 million to Meta for pushing its classified ads service on social media users.

Really honest questions: are those fines actually paid, in practice ? Is there a way for a citizen to know ? (As in, do they appear in the public budget of the UE ?) Or are they somehow deducted from subsidies, added to taxes, etc... ?

I know who collects taxes in France ("Le Tresor Public"). I don't know of a EU version of a treasury. Is it collected by one of the member states (Ireland, I would guess ?)

phtrivier | 5 hours ago

> while Meta drew a penalty of €200 million for its "pay or consent" advertising model, which requires that European Union users pay to access ad-free versions of Facebook and Instagram

Wait, isn't pretty much all web content is like this nowadays? You have to buy youtube premium to avoid ads, how is it different?

mapcars | 5 hours ago

I hope this will make Apple finally comply with EU law and allow app side loading on iOS. Real side loading, not the joke they implemented since iOS 17.

popol12 | 6 hours ago
izacus | 7 hours ago

Is this a fine the companies can appeal, or is this a final decision?

p_ing | 6 hours ago
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| 3 hours ago

These fines make sense. The EU is driving a pro-competition capitalist model. American companies will have to compete, and not just entrap users.

josefritzishere | 3 hours ago
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HK-NC | 5 hours ago

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jadams84 | 6 hours ago

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JSR_FDED | 7 hours ago