The European Union is set to fine Apple about 500 million euros ($539 million) over alleged breaches of EU competition law, the Financial Times reported on Sunday citing unnamed sources.
The fine is expected to be announced early next month, the FT said.The European Commission, which last year accused Apple of distorting competition in the music streaming market via App Store rules that prevent developers from informing users of other purchasing options, declined to comment on the FT report.

Elevate Your Tech Prowess with High-Value Skill Courses

Offering CollegeCourseWebsite
Indian School of BusinessISB Professional Certificate in Product ManagementVisit
Indian School of BusinessISB Product ManagementVisit
IIT DelhiIITD Certificate Programme in Data Science & Machine LearningVisit

Apple did not respond immediately to a request for comment outside office hours.

Discover the stories of your interest

LEAVE A REPLY

Please enter your comment!
Please enter your name here