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Apple, Meta fined for breaking EU antitrust rules [Yahoo! Finance]

Apple Inc. (AAPL)  More Company Research Source: Yahoo! Finance
Last apple inc. earnings: 4/30 04:30 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.apple.com
The European Commission fined Apple €500 million, or about $570 million, for breaching the Digital Markets Act (DMA) by blocking app developers from steering customers to alternatives outside the iPhone maker's App Store. Meta faces a €200 million, or about $228 million, fine for failing to provide users with a version of its services that uses less personal data. The company's consent-or-pay model fell short of the DMA's requirements, the European Commission found. “Today's decisions send a strong and clear message,” said Teresa Ribera, the EU's top antitrust official, in a statement. “The Digital Markets Act is a crucial instrument to unlock potential, choice and growth by ensuring digital players can operate in contestable and fair markets.” “Apple and Meta have fallen short of compliance with the DMA by implementing measures that reinforce the dependence of business users and consumers on their platforms,” she added. Meta has since updated its model to allow for a free ex [Read more]

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Stockreport

Apple, Meta fined for breaking EU antitrust rules [Yahoo! Finance]

Apple Inc.  (AAPL) 
Last apple inc. earnings: 4/30 04:30 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.apple.com
The European Commission fined Apple €500 million, or about $570 million, for breaching the Digital Markets Act (DMA) by blocking app developers from steering customers to alternatives outside the iPhone maker's App Store. Meta faces a €200 million, or about $228 million, fine for failing to provide users with a version of its services that uses less personal data. The company's consent-or-pay model fell short of the DMA's requirements, the European Commission found. “Today's decisions send a strong and clear message,” said Teresa Ribera, the EU's top antitrust official, in a statement. “The Digital Markets Act is a crucial instrument to unlock potential, choice and growth by ensuring digital players can operate in contestable and fair markets.” “Apple and Meta have fallen short of compliance with the DMA by implementing measures that reinforce the dependence of business users and consumers on their platforms,” she added. Meta has since updated its model to allow for a free ex [Read more]

IMPACT SNAPSHOT
EVENT TIME:
AAPL
Last Price
Price Change
Price Change %
Volume Shares
Max Up
Max Down
Volume Ratio
%
Don't Miss Out On The Next BIG Stock Move
Performance comparison Updated
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
LAST PRICE
VWAP
High:
MAX UP
High:
Low:
MAX DOWN
Low:
%
POST NEWS RANGE
%
PRICE CHANGE

PRICE CHANGE PERCENTAGE


S&P 500 (SPX)

%

VOLUME RATIO
%

VOLUME (SHARES)
TICKS

AVG SHARES PER TRADE

EVENT DAY
Event Day Chart will not be displayed beyond 90-day period of the event
PERFORMANCE SINCE EVENT
TIME AND VELOCITY ANALYSIS