32.2 C
Accra

EU’s Hammer Falls: Apple Faces $539 Million Fine for App Store Competition Breaches..

The European Union is poised to levy a hefty fine of around 500 million euros ($539 million) against Apple for purported violations of EU competition law, as reported by the Financial Times. The fine, anticipated to be revealed in the coming weeks, follows accusations of Apple distorting competition in the music streaming market through restrictive App Store rules.

These rules prevent developers from informing users about alternative purchasing options. The European Commission, which brought forth these allegations against Apple last year, has refrained from commenting on the specifics of the FT report. Stay tuned for further updates as this story unfolds.

While you're here, we just want to remind you of our commitment to telling the stories that matter the most.Our commitment is to our readers first before anything else.

Our Picks

THE LATEST

INSIDE POLITICS

Get the Stories Right in Your Inbox

MORE NEWS FOR YOU