this post was submitted on 23 Apr 2025
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European Union watchdogs fined Apple and Meta hundreds of millions of euros Wednesday as they stepped up enforcement of the 27-nation bloc’s digital competition rules.

The European Commission imposed a 500 million euro ($571 million) fine on Apple for preventing app makers from pointing users to cheaper options outside its App Store.

The commission, which is the EU’s executive arm, also fined Meta Platforms 200 million euros because it forced Facebook and Instagram users to choose between seeing ads or paying to avoid them.

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[–] Neptunian@reddthat.com 2 points 10 hours ago (1 children)

Evaded taxes and laundered money.

[–] wewbull@feddit.uk 1 points 10 hours ago (1 children)
[–] Neptunian@reddthat.com 4 points 10 hours ago (2 children)

A few billion yuan. As he’s well connected politically he managed to get away with just this fine (which is not even that much relative to how much money he made out of the shtick). No prison time or anything. Paid the fine and moved on as if nothing happened.

[–] wewbull@feddit.uk 1 points 2 hours ago

Interesting that it's just a cost of doing business in China as well.

[–] cabbage@piefed.social 5 points 10 hours ago

Steal a little, and they put you in jail. Steal a lot, and they make you king.