EU imposes fines on US tech giants, time sensitive or exacerbates trade tensions between Europe and America

On the 23rd, the European Commission found that Apple Inc. and Metaverse Platform Inc. violated the Digital Markets Act and imposed fines of 500 million euros and 200 million euros respectively on the two companies. Public opinion generally believes that this move may exacerbate the current trade tensions between the EU and the United States. General Station reporter Gu Xin: This is the first time since the Digital Market Law came into effect that the European Union has issued fines to large technology companies. The two American companies that were punished this time both expressed their dissatisfaction and appealed shortly after the announcement of the punishment measures. Apple stated in a statement that this decision is "detrimental to user privacy and security, forcing us to open up our technology for free," and accused the EU of "constantly revising rules" that make it difficult for businesses to adapt. On the other hand, the parent company criticized the EU for "attempting to suppress successful American companies while allowing companies from other countries to operate under different standards". (CCTV News)