Apple set to be fined by EU antitrust regulators Historical rules of the block Sources with direct knowledge of the matter said on Tuesday that it was aimed at curbing the power of Big Tech, so it could become the first company to get approval.
Regulators charged in June The iPhone maker, Powered by CEO Tim CookHad violated the technical rules of the block. The charge was the first by the Commission against Apple under the Digital Markets Act (DMA).
Sources said the fine is likely to be imposed this month, although the timing is still subject to change.
The fine will add to Apple’s growing antitrust troubles as EU regulators attempt to level the playing field for smaller companies.
It comes just months after Brussels fined Apple 1.84 billion euros ($2.01 billion) in March for thwarting competition from music streaming rivals. Through restrictions on its app stores – The first ever fine on Apple for violating EU rules.
Apple is also facing scrutiny over new fees imposed on app developers. DMA violations can result in fines up to 10% of a company’s global annual turnover.
The Digital Markets Act (DMA), which went into effect earlier this year, requires Apple to allow users to set the default web browser of their choice on the iPad, allow alternative app stores on its operating system, and allow headphones and smartphones. Need to allow pen permission. Access iPad OS Features,
Apple declined to comment. The European Commission did not immediately respond to a Reuters request for comment.
Apple also lost a long-running court battle with the EU in September, resulting in the company being forced to pay 13 billion euros. return taxes to ireland,
Bloomberg first reported on Apple’s impending EU fine early Tuesday.
The watchdog is preparing to fine Apple app developers after failing to allow cheap deals and offers to users outside the App Store, Bloomberg reported, citing people familiar with the matter.
