White House Calls EU Fines on Apple, Meta 'Economic Extortion'
The White House has sharply criticized recent European Union fines levied against Apple and Meta Platforms, condemning the penalties issued under the Digital Markets Act (DMA).According to a Reuters report, the administration described the EU's actions as discriminatory towards American companies. "This novel form of economic extortion will not be tolerated by the United States," a White House spokesperson stated. "Extraterritorial regulations that specifically target and undermine American companies, stifle innovation, and enable censorship will be recognized as barriers to trade and a direct threat to free civil society."The statement follows the European Commission's decision to fine Apple €500 million for breaching the DMA's anti-steering obligations. The Commission found Apple's App Store rules unlawfully restricted developers from informing users about alternative purchasing options outside the store. This, the EC argued, limited consumer ability to find potentially cheaper offers.Continue ReadingSpotlight Deal:M4 MacBook Air Drops to New All-Time Low of $912 [Deal]Share Article:Facebook, Twitter, LinkedIn, Reddit, EmailFollow iClarified:Facebook, Twitter, LinkedIn, Newsletter, App Store, YouTube


According to a Reuters report, the administration described the EU's actions as discriminatory towards American companies. "This novel form of economic extortion will not be tolerated by the United States," a White House spokesperson stated. "Extraterritorial regulations that specifically target and undermine American companies, stifle innovation, and enable censorship will be recognized as barriers to trade and a direct threat to free civil society."
The statement follows the European Commission's decision to fine Apple €500 million for breaching the DMA's anti-steering obligations. The Commission found Apple's App Store rules unlawfully restricted developers from informing users about alternative purchasing options outside the store. This, the EC argued, limited consumer ability to find potentially cheaper offers.
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M4 MacBook Air Drops to New All-Time Low of $912 [Deal]
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