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