EU antitrust agency may not fine Apple much to avoid tariff war escalation
The European Union is set to fine Apple because of the App Store's claimed violations of the Digital Markets Act, but the sum will reportedly be minimal, to avoid the ire of President Donald Trump.The EU is reportedly planning only minimal fines against Apple and othersDuring the ten years that Margrethe Vestager oversaw the EU's anticompetition regulations, Apple was fined $2 billion over allegations concerning Apple Music. Apple was also forced to pay $14.5 billion in back taxes, which Tim Cook described as "total political crap."In a sign that the enforcement of the Digital Markets Act (DMA) is at least political, the Financial Times now reports that future fines are being reduced specifically to avoid clashes with President Trump. New EU competition chief Teresa Ribera had previously said she was open to negotiations with the White House, but the EU would not be bullied. Continue Reading on AppleInsider | Discuss on our Forums
The European Union is set to fine Apple because of the App Store's claimed violations of the Digital Markets Act, but the sum will reportedly be minimal, to avoid the ire of President Donald Trump.
The EU is reportedly planning only minimal fines against Apple and others
During the ten years that Margrethe Vestager oversaw the EU's anticompetition regulations, Apple was fined $2 billion over allegations concerning Apple Music. Apple was also forced to pay $14.5 billion in back taxes, which Tim Cook described as "total political crap."
In a sign that the enforcement of the Digital Markets Act (DMA) is at least political, the Financial Times now reports that future fines are being reduced specifically to avoid clashes with President Trump. New EU competition chief Teresa Ribera had previously said she was open to negotiations with the White House, but the EU would not be bullied.
Continue Reading on AppleInsider | Discuss on our Forums
The EU is reportedly planning only minimal fines against Apple and others
During the ten years that Margrethe Vestager oversaw the EU's anticompetition regulations, Apple was fined $2 billion over allegations concerning Apple Music. Apple was also forced to pay $14.5 billion in back taxes, which Tim Cook described as "total political crap."
In a sign that the enforcement of the Digital Markets Act (DMA) is at least political, the Financial Times now reports that future fines are being reduced specifically to avoid clashes with President Trump. New EU competition chief Teresa Ribera had previously said she was open to negotiations with the White House, but the EU would not be bullied.
Continue Reading on AppleInsider | Discuss on our Forums
