DMA

"Based on feedback from the EC in connection with the DMA, we expect we will need to make some modifications to our model," Meta said in its quarterly earnings statement.

Meta was given 60 days to comply with the DMA's recent decision, or risk further fines.

"Apple and Meta have fallen short of compliance with the DMA by implementing measures that reinforce the dependence of business users and consumers on their platforms," said Commissioner Teresa Ribera.

Apple has previously claimed that opening up services including its app store to third parties, as required by the DMA, could be bad for users.

Under the DMA, platforms must comply with a list of do’s and don’ts – such as not giving preference to their own services over rivals – under threat of hefty financial penalties or even breaking up businesses.