EU could hit Apple with a huge fine after accusing it of breaking new tech rules - News Summed Up

EU could hit Apple with a huge fine after accusing it of breaking new tech rules


European Union regulators have accused Apple of breaking tough new digital competition rules by preventing app developers from freely directing consumers to cheaper services. The DMA, which came into force in March, is a sweeping set of competition rules aimed at curbing the power of Big Tech. Apple said in a statement at the time that app developers “compete on a level playing field” on its app store and that it planned to appeal the fine. In January, Apple announced changes to its handling of apps in the EU in anticipation of the DMA coming into effect. That included plans to allow third-party app stores on iPhones and iPads for the first time in the company’s history and significant cuts to its app store fees.


Source: CNN June 24, 2024 10:35 UTC



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