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Apple, Meta fined by EU, told to comply with competition rules

Mint Hyderabad

|

April 24, 2025

The European Union fined Apple and Meta Platforms hundreds of millions of dollars and ordered the companies to comply with the bloc's tech rules, a move that risks ratcheting up tensions with the Trump administration as EU officials pursue trade talks.

- Kim Mackrael & Sam Schechner

The European Commission, the EU's executive body, on Wednesday slapped Apple with a 500 million euro fine, equivalent to about $570 million. It fined Meta €200 million.

The commission also issued cease-and-desist orders against both companies, which target business practices that are an important part of their revenue streams, and could have a bigger impact than the fines.

It ordered Apple to remove what it said were technical and commercial restrictions on app developers' ability to inform users about cheaper and alternative ways to buy digital products outside the company's App Store.

MEER VERHALEN VAN Mint Hyderabad

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Dalmia Bharat’s capacity drive promising, but risks remain

Dalmia Bharat Ltd's focus on capacity expansion could help it regain lost ground.

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Farm insurance: Time for climate-linked bulk payouts

India's agriculture sector employs nearly half of its population and accounts for about 18% of the country's gross domestic product (GDP).

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HUL bets on price cuts for sales after GST disruption

Wait for lower prices dampens sales; HUL expects volumes to rise from November

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Kenya on a budget: Three friends—and a dream safari

Exploring wildlife, secret beaches from Masai Mara to Diani Coast without breaking the bank

time to read

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SMALL STAYS, BIG MARGINS: INSIDE MMT'S PIVOT

MakeMyTrip is leaning on 'constructive paranoia' to counter rivals and the threat of direct booking

time to read

7 mins

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India plans strict rules for gene therapy

India plans to bring the new generation of medical treatments involving gene and stem cell therapies under strict governmental control as the market for such treatments grows.

time to read

1 mins

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Auto firms want clean energy to fuel 50% of cars sold by '30

It will require them to increase contribution of clean vehicles ten-fold over the next 5 years

time to read

3 mins

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India stares at $2.7 bn hit as US sanctions Russian oil cos

Sanctions on Rosneft, Lukoil are likely to force Indian refiners to buy oil from other sources

time to read

2 mins

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Companies Act changes soon

take a view on it,\" said the person.

time to read

1 mins

October 24, 2025

Mint Hyderabad

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'My gold and silver are for my children'

Known for his contrarian view and focus on commodities like gold and silver, veteran investor Jim Rogers is cautious and a bit worried.

time to read

3 mins

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