#EURegulations #AppleAppStore #TechAntitrust
Apple App Store Conditions Violate EU Tech Rules, Regulators Say
Regulators in the European Union have announced that Apple is breaching expansive new regulations in the tech industry by preventing App Store customers from being directed to other options. The European Commission, the executive branch of the EU, has initiated a fresh investigation into Apple concerning recent contractual conditions imposed on developers.
This investigation marks a significant milestone in the ongoing scrutiny of Apple's App Store practices. The EU regulators are determined to ensure that tech giants like Apple comply with the new regulations aimed at promoting fair competition and consumer choice.
The EU's Digital Markets Act, which came into effect in November 2022, aims to prevent large tech companies from abusing their market power. Apple's App Store policies have long been criticized for stifling innovation and limiting consumer options. The regulators are now taking concrete steps to address these concerns.
Apple's response to these allegations remains to be seen. However, the company has faced similar challenges in the past, including antitrust lawsuits and regulatory probes. The outcome of this investigation could have far-reaching implications for the tech industry and the future of the App Store.
Original Article: https://www.cnbc.com/2024/06/24/apple-app-store-rules-are-in-breach-eu-tech-rules-regulators-say.html
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