Apple is first tech company accused of violating EU's new competition law

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Big Tech Regulation News

Competition,European Commission,Big Tech

It could face a huge fine.

Share on linkedin Apple Inc. signage at the company's Fifth Avenue store in New York. Photo: Michael Nagle/Bloomberg via Getty ImagesThe investigation's preliminary findings determined that Apple's app store rules

The EU also opened an investigation into whether Apple's technology fee for third-party developers violates the sweeping new law.The tech giant has a chance to respond to the preliminary findings before EU regulators make a final decision by March 2025. "We are confident our plan complies with the law, and estimate more than 99% of developers would pay the same or less in fees to Apple under the new business terms we created," Apple said.

 

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