EU may impose hefty fine on Apple for violating new tech regulations

EU Accuses Apple of Violating Digital Competition Rules

European Union regulators have taken a decisive stance against Apple, alleging that the tech giant has contravened stringent new digital competition regulations. According to the European Commission's preliminary findings, Apple stands accused of restricting app developers from guiding consumers toward more cost-effective services. This investigation, which began in March, has cast a spotlight on the company’s practices.

Should Apple be found culpable, the repercussions could be financially significant. The potential fine mentioned is a substantial 10% of the company's global revenue, emphasizing the serious nature of the allegations. The situation is evolving, and further updates are expected as the investigation progresses.

For the latest CNN news and newsletters, consider creating an account on their website.