Stock Groups

Dutch regulator issues sixth $5.7 million fine against Apple in App Store dispute -Breaking

[ad_1]

© Reuters. FILE PHOTO – Apple Inc. announces fourth quarter earnings, Washington, U.S.A, January 27, 2022. REUTERS/Joshua Roberts

AMSTERDAM, (Reuters) – Monday’s sixth weekly penalty of five million euros ($5.7 million) was imposed by the Dutch antitrust regulator against Apple (NASDAQ) because it failed to follow an order to allow its App Store to accept other forms of payment.

Reuters earlier reported Monday that Apple informed the Authority for Consumers and Markets it believes it has complied to the watchdog’s orders.

In a statement, the ACM stated that Apple was still in its original position. The new fine was imposed by it.

($1 = 0.8924 euros)

Disclaimer: Fusion MediaThis website does not provide accurate and current data. CFDs are stocks, indexes or futures. The prices of Forex and CFDs are not supplied by exchanges. They are instead provided by market makers. As such, the prices might not reflect market values and could be incorrect. Fusion Media does not accept any liability for trade losses you may incur due to the use of these data.

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]