Apple faces $57.1 billion threat in Europe for violations

smh.com.au

Apple faces a $57.1 billion threat in Europe for breaching new competition laws. The European Commission accuses Apple of violating the Digital Markets Act, potentially resulting in a fine of up to 10% of its $576 billion global revenue. This marks the first instance of a tech giant facing such penalties in Europe, indicating a shift in Apple's future influence outside the US.


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