• Home
  • Blog
  • Android
  • Cars
  • Gadgets
  • Gaming
  • Internet
  • Mobile
  • Sci-Fi
Tech News, Magazine & Review WordPress Theme 2017
  • Home
  • Blog
  • Android
  • Cars
  • Gadgets
  • Gaming
  • Internet
  • Mobile
  • Sci-Fi
No Result
View All Result
  • Home
  • Blog
  • Android
  • Cars
  • Gadgets
  • Gaming
  • Internet
  • Mobile
  • Sci-Fi
No Result
View All Result
Blog - Creative Collaboration
No Result
View All Result
Home Sci-Fi

Apple is reportedly facing a huge fine for an alleged App Store monopoly tactic

November 6, 2024
Share on FacebookShare on Twitter

It looks like Apple is about to make history – as the first company to receive a fine under the EU’s Digital Markets Act (DMA).

According to a new report from Bloomberg, the European Commission is planning to slap Apple with a fine of as much as 10 percent of the company’s global annual sales.

SEE ALSO:

Gaming emulators are now on the App Store after Apple relaxed the rules

The EU would levy the fine as a result of Apple’s failure to let third-party app developers promote cheaper deals for their software outside the App Store.

Mashable Light Speed

Mashable reported in June that the Europe Commission was investigating Apple for breaching its DMA laws, which went into effect in November 2022.

Apple was previously hit with a whopping $2 billion fine earlier this year for similarly restricting the music streaming service Spotify from promoting cheaper deals outside of the App Store inside of its app. However, the EU doled out that fine under its traditional antitrust rules.

The EU instituted the DMA in order to further spur competition within industries typically dominated by Big Tech companies. The DMA requires that large tech companies, deemed gatekeepers, allow for open competition from third-party entities on their core platforms.

The DMA has already forced Apple to make sweeping changes to its core platform services, like the App Store, in the EU. Still, Apple is being further investigated by the European Commission for failing to do so in other areas of core platforms that it operates. It’s very possible that whatever the final total for this penalty is for Apple, it’s just the first in a number of fines to come.

Next Post

Qualcomm reports $10.2B in FY Q4 revenue thanks to strong headset sales, automotive push

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

No Result
View All Result

Recent Posts

  • The color e-reader I use every day is now even better at its new low price
  • Amazon’s Big Spring Sale is giving car buyers over $1,000 in free credit — how to qualify
  • Pay once and get lifetime access to Curiosity Stream for $128
  • Pearl Abyss to conduct “comprehensive audit” after AI-generated art found in Crimson Desert
  • OpenAI’s Sora shutting down as Disney exits deal

Recent Comments

    No Result
    View All Result

    Categories

    • Android
    • Cars
    • Gadgets
    • Gaming
    • Internet
    • Mobile
    • Sci-Fi
    • Home
    • Shop
    • Privacy Policy
    • Terms and Conditions

    © CC Startup, Powered by Creative Collaboration. © 2020 Creative Collaboration, LLC. All Rights Reserved.

    No Result
    View All Result
    • Home
    • Blog
    • Android
    • Cars
    • Gadgets
    • Gaming
    • Internet
    • Mobile
    • Sci-Fi

    © CC Startup, Powered by Creative Collaboration. © 2020 Creative Collaboration, LLC. All Rights Reserved.

    Get more stuff like this
    in your inbox

    Subscribe to our mailing list and get interesting stuff and updates to your email inbox.

    Thank you for subscribing.

    Something went wrong.

    We respect your privacy and take protecting it seriously