The Strategist

EC prepares charges against Apple for restricting competition on App Store

06/17/2024 - 04:08

The European Commission (EC) is getting ready to file proceedings against Apple Inc. in the United States for allegedly stifling competition on the App Store in the upcoming weeks, writes The Financial Times citing sources.

Flickr user ptwo
Flickr user ptwo
The regulator has preliminarily determined that Apple does not meet its responsibilities under the new Digital Markets Act (DMA), which requires the firm to give application developers the option to "direct" customers to third-party resources without charging them.

Thus, Apple may become the first business to face charges under the DMA. It might also modify its procedures in an attempt to persuade the EC to reconsider.

The corporation faces a daily penalty of up to 5% of its average daily global turnover, which is now just over $1 billion, if it is found guilty of breaking the DMA.