HomeTechnologyEU poised to fine Apple about 500 million euros, FT reports

EU poised to fine Apple about 500 million euros, FT reports

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Published February 18,2024


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The European Union is ready to nice Apple about 500 million euros ($539 million) over alleged breaches of EU competitors legislation, the Financial Times reported on Sunday citing unnamed sources.

The nice is predicted to be introduced early subsequent month, the FT stated.

Last 12 months, the European Commission accused Apple of distorting competitors within the music streaming market by way of App Store guidelines that stop builders from informing customers of different buying choices.

Both the European Commission and Apple declined to touch upon the FT report.

Source: www.anews.com.tr

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