Meta And Apple Nearing Settlement With EU Lawmakers On Antitrust Cases: Report

Benzinga
2025.10.08 12:07
portai
I'm PortAI, I can summarize articles.

Apple Inc. and Meta Platforms Inc. are nearing a settlement with the European Commission regarding their antitrust cases. Following a €700 million fine for violating the EU’s Digital Markets Act, both companies are negotiating to amend business practices to avoid further penalties. Key issues include ensuring consumer access to Meta’s options and Apple’s App Store policies. A settlement could prevent daily fines of up to 5% of their global revenue. Meta shows stronger growth metrics compared to Apple, according to Benzinga's rankings.