APPLE AND GOOGLE MUST PAY MULTIBILLION-DOLLAR FINES AFTER LOSING EU APPEALS

Summary from the TLDR Marketing newsletter

Europe's top court ruled that Apple must pay 13 billion euros and Google 2.4 billion euros in fines, marking the end of long-standing battles with the EU. Apple's case, related to tax advantages in Ireland, comes just after its iPhone 16 launch. Google faced antitrust fines over its shopping comparison tool, which the EU found stifled competition from smaller rivals.