US Denounces EU's Fines on Apple and Meta as 'Economic Extortion'

Reported about 18 hours ago

The White House has condemned the EU's recent fines of 500 million euros on Apple and 200 million euros on Meta as a 'novel form of economic extortion', which the U.S. plans to resist. This follows the EU's enforcement of the Digital Markets Act aimed at regulating Big Tech's dominance, leading to heightened tensions between the EU and the United States.

Source: YAHOO

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