EU Could Fine Meta Over $1 Billion for Antitrust Violations Amid Trump's Retaliation Threats

The European Union may fine Meta (Facebook, Instagram) over $1 billion for violating antitrust rules under the Digital Markets Act (DMA). The European Commission (EC) is expected to conclude that Meta doesn't comply with the DMA, which imposes strict competition rules on major tech companies. The EU's investigation focuses on Meta's data processing and business activities. Fines could range from hundreds of millions to over $1 billion. Apple is also under scrutiny and could face fines. The DMA targets 'gatekeepers' like Alphabet, Amazon, Booking.com, ByteDance, and Microsoft, preventing anti-competitive behavior. Repeated violations can result in fines up to 10% of global revenue. The EU is also investigating Apple for allegedly preventing rival app developers from diverting customers outside the App Store. President Trump has threatened retaliatory tariffs against the EU in response to the DMA, viewing it as targeting American companies.