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Apple faces $57.1 billion threat in Europe for violations

Sydney Morning Herald — June 25, 2024, 04:00 AM UTC

Summary: Apple faces a $57.1 billion threat in Europe for breaching new competition laws. The European Commission accuses Apple of violating the Digital Markets Act, potentially resulting in a fine of up to 10% of its $576 billion global revenue. This marks the first instance of a tech giant facing such penalties in Europe, indicating a shift in Apple's future influence outside the US.

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Timeline:

  1. [4.7]
    EU accuses Apple of breaching competition rules with app restrictions (The Washington Post)
    86d 9h
    Source
  2. [5.3]
    Apple charged for violating EU DMA rules with anti-steering policies (The Verge)
    86d 12h

    ScoresSource
  3. [5.1]
    Apple breached EU competition rules by restricting app developers (The Guardian)
    86d 14h

    ScoresSource
  4. [4.7]
    EU regulators say Apple's App Store rules breach tech rules (CNBC)
    86d 15h
    Source
  5. [3.1]
    Apple faces potential billion-dollar daily fines for EU law violations (Kotaku)
    91d 6h
    Source
  6. [4.9]
    Apple settles EU probe by sharing NFC tech with rivals (Financial Times)
    92d 12h
    Source
  7. [3.8]
    Apple faces 'very serious' issues under EU rules (CNBC)
    92d 14h
    Source
  8. [5.9]
    EU to charge Apple under digital law for app store competition (Financial Times)
    96d 7h

    ScoresSource