💨 Abstract

The European Union's antitrust regulators are set to fine Apple for breaching the bloc's tech rules, making it the first company to be penalized under the Digital Markets Act (DMA). The charge against Apple was the first by the Commission under this law, and the company also faces an investigation into new fees imposed on app developers. DMA violations could result in a fine of up to 10% of a company's global annual turnover.

Courtesy: theprint.in