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EU to charge Apple under Digital Markets Act, impose a fine of up to $50 million per day

By Jubair Hossin Babu, 06/15/2024


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Back in March, the European Commission announced that it started an investigation relating to Apple's new fee structure for alternative app stores. Namely, the fact that Apple charges a "Core Technology Fee" for developers who want to "steer" users to offers outside of its App Store. There's also an additional 3% that goes to Apple if a developer uses its payment processor. The imposing of such fees onto developers will be found in breach of the EU's Digital Markets Act (DMA), according to a new report from the Financial Times. This would be the first time a tech company would be charged...

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