European Union regulators on Wednesday imposed fines on Apple and Meta totalling 700 million euros ($877 million) for violating new antitrust rules, the first sanctions under landmark legislation aimed at curbing Big Tech's power.

The European Commission has fined Apple 500 million euros (£428.5 million) and Meta 200 million euros (£171.4 million) for breaches of the EU’s digital competition rules.Apple’s fine is for preventing app developers from pointing users to cheaper options outside the App Store.

Apple and Meta—with a combined €700 million ($760 million) in fines Wednesday, stepping up enforcement of the European Union’s sweeping new digital competition law. The European Commission fined Apple €500 million ($571 million) for restricting app developers from directing users to cheaper alternatives outside of the