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As reported by the Financial Times, Apple has formally petitioned the European Union to overturn the Digital Markets Act (DMA), a legislative measure that took effect in 2022. The DMA is designed to rein in the power of dominant tech firms and foster a fair competitive environment for small enterprises. Failure to adhere to its provisions can lead to substantial penalties, with fines reaching up to 10% of a company's global annual revenue. Apple's stance emerges against a backdrop of escalating tensions between Europe and the United States concerning digital regulatory frameworks. During his presidency, Donald Trump, the former U.S. President, had threatened to impose higher tariffs, and Mark Zuckerberg, the CEO of Meta, had also engaged in lobbying efforts against the DMA.
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