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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