Connect with us

Hi, what are you looking for?

HorizonLifeTime.comHorizonLifeTime.com

Tech News

Apple reportedly facing first-ever EU fine over App Store rules

Vector illustration of the Apple logo.
Image: Cath Virginia / The Verge

Apple will soon become the first company to incur a fine for violating the European Union’s Digital Markets Act (DMA), reports Bloomberg. Sources tell the outlet that the Commission is getting ready to levy the penalty after it found that Apple’s “anti-steering” practices harmed competition on the App Store.

This follows the EU’s €1.84 billion (around $2 billion) fine imposed on Apple in March. After investigating a complaint from Spotify, the EU Commission ruled that Apple restricted developers’ ability to point users to cheaper purchases outside the App Store in March — a practice that’s illegal under the DMA.

We still don’t know how much the EU will fine Apple, but the DMA rules say companies can be charged up to 10 percent of annual…

Continue reading…







    Get the daily email that makes reading the news actually enjoyable. Stay informed and entertained, for free.




    Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!

    You May Also Like

    Investing

    Collaboratively administrate turnkey channels whereas virtual e-tailers. Objectively seize scalable metrics whereas proactive e-services.

    Investing

    Quickly coordinate e-business applications through revolutionary catalysts for change. Seamlessly underwhelm optimal testing procedures processes.

    Tech News

    Image: Scout Motors The VW-backed company is following in the footsteps of Tesla and Rivian by selling directly to customers without a dealership. Continue...

    Tech News

    UMG and AI company Klay are forming their own foundational Music-generating AI model. | Cath Virginia / The Verge | Photo from Getty Image...