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Apple Faces €500 Million Fine for Alleged EU Competition Law Violations

Retrieved on: 2024-02-18 16:01:02

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Apple Faces €500 Million Fine for Alleged EU Competition Law Violations. View article details on HISWAI: https://bnnbreaking.com/tech/apple-faces-500-million-fine-for-alleged-eu-competition-law-violations

Summary

The EU is set to fine Apple €500 million for violating competition laws, specifically targeting anti-competitive practices in app development. This action emphasizes the EU's bolstered regulatory stance under the Digital Markets Act, aiming to protect competition in the tech industry. The case involves key players like Spotify and highlights the growing tension between Big Tech and regulators.

Article found on: bnnbreaking.com

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