EU to charge Apple under digital law for app store competition

Financial Times June 14, 2024, 05:00 PM UTC

Summary: Apple is set to be charged by the EU for allegedly stifling competition on its app store, violating new digital rules. This marks the first time the Digital Markets Act is used against a Big Tech company. If found guilty, Apple could face penalties of up to 5% of its daily turnover, currently over $1bn. The charges come amidst global scrutiny of Big Tech's market dominance.

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Timeline:

  1. [5.6]
    Apple faces $57.1 billion threat in Europe for violations (Sydney Morning Herald)
    85d 21h

  2. [4.7]
    EU accuses Apple of breaching competition rules with app restrictions (The Washington Post)
    86d 10h
    Source
  3. [5.3]
    Apple charged for violating EU DMA rules with anti-steering policies (The Verge)
    86d 13h

  4. [5.1]
    Apple breached EU competition rules by restricting app developers (The Guardian)
    86d 15h

  5. [4.7]
    EU regulators say Apple's App Store rules breach tech rules (CNBC)
    86d 16h
    Source
  6. [3.1]
    Apple faces potential billion-dollar daily fines for EU law violations (Kotaku)
    91d 7h
    Source
  7. [4.9]
    Apple settles EU probe by sharing NFC tech with rivals (Financial Times)
    92d 13h
    Source
  8. [3.8]
    Apple faces 'very serious' issues under EU rules (CNBC)
    92d 15h
    Source