Meta and Apple just got slapped by Europe’s new rulebook

Meta and Apple just got slapped by Europe’s new rulebook
(Image: Getty)
Bloomberg
By Parmy OlsonAnother day, another European Commission fine against Big Tech - a phenomenon Silicon Valley views as little more than a speeding ticket. But Wednesday’s modest(1) penalties against Apple Inc and Meta Platforms Inc, totalling €700 million (NZ$1.3 billion), belie a more meaningful smackdown by the continent’s antitrust regulator that could force them to rewire their business models.Assuming the Trump administration pays more attention to the headline numbers than the fine print, the commission may have cleverly thr...

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