Dutch regulator says Apple’s App Store broke competition laws -Breaking
[ad_1]
© Reuters. FILEPHOTO: A silhouette of a user of mobile phones is seen beside a screen showing the Apple logo. This picture illustration was taken on March 28, 2018. REUTERS/Dado Ruvic/Illustration/File PhotoAMSTERDAM, (Reuters) – The Netherlands’ top competition regulator ruled that Apple Inc (NASDAQ 🙂 violated competition laws. According to a Friday decision unsealed by the media, Apple Inc ordered modifications to its App Store payment policies.
If the company fails to conform, it could face a maximum fine of 50 million Euros ($56.6 Million). A statement from ACM, the Dutch regulator said that it was allowed to make changes until January 15.
($1 = 0.8835 euros)
Fusion MediaFusion Media or any other person involved in the website will not be held responsible for any loss or damage resulting from reliance on this information, including charts, buy/sell signals, and data. Trading the financial markets is one of most risky investment options. Please make sure you are fully aware about the costs and risks involved.
[ad_2]
