Meta and Apple are close to settling two antitrust cases with the European Commission, as the US Big Tech groups seek to avoid a series of escalating fines from Brussels.
The companies are in the final stages of agreeing a deal with European regulators to change a range of business practices after being fined a total of €700mn in April for breaching the EU’s landmark Digital Markets Act, according to officials briefed on the discussions.
The potential settlement comes as the EU’s digital rules continue to be a flashpoint between Brussels and US President Donald Trump. He has threatened to retaliate against countries that “discriminate” against US companies.
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