Reported 20 days ago
Apple is expected to be penalized by the European Union under its Digital Markets Act, marking the first company to face such sanctions as regulators assert that the iPhone maker violated antitrust rules. The upcoming fine adds to Apple's growing legal troubles and follows a previous 1.84 billion euro penalty for hindering competition in the music streaming sector. The EU's regulations, effective this year, aim to promote fairness for smaller firms by imposing requirements on big tech companies like Apple.
Source: YAHOO