The companies have been in the EU Commission's crosshairs for potential breaches that could cost as much as 10% of global annual sales.

The Digital Markets Act (DMA) makes it easier for users to switch between social media, web browsers and app stores. It also helps smaller companies compete with big tech firms.

Apple and Meta Platforms are set to face modest fines for allegedly breaching landmark rules aimed at reining in their power. The EU antitrust enforcer is focused on making sure the companies comply with the law rather than sanctioning them, the sources said, explaining the rationale for modest fines.