Meta Platforms Regulatory Developments

Investments
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The EU Commission is expected to impose lighter fines on Meta Platforms for breaching DMA

  • The EU Commission is expected to impose light fines on Meta Platforms and Apple for breaching the digital markets act (DMA), Reuters reported citing people familiar with the matter.
  • The sources cited the geopolitical climate as one of the reasons for the change in stance by the EU Commission.
  • The EU Commission’s preliminary findings indicated that Meta’s Pay or Consent model breaches the DMA, the findings were going to be confirmed by March 2025 and could be as high as 10% of the company’s annual global turnover.