Apple is first accused of breaching Digital Markets Act; may be fined billions
Apple, which only three months ago received a 1.8 billion euro (US$1.9 billion) fine from the EU related to music streaming access, has been told its App Store is breaching digital competition rules and the fine could be up to 10% of its $383 billion annual global revenue if it repeats the offense. This is the first time a company has been accused of breaching the Digital Markets Act, which is aimed at curbing the power of Big Tech.