Stock Market News

Apple’s App Store rules breach EU tech rules, EU regulators say

2024.06.24 03:46

AMSTERDAM (Reuters) – Apple (NASDAQ:)’s App Store rules breach EU tech rules known as the Digital Markets Act (DMA) because they prevent app developers from steering consumers to alternative offers, EU antitrust regulators said on Monday.

The European Commission, which also acts as the EU antitrust and technology regulator, said it had sent its preliminary findings to Apple following an investigation launched in March.

The EU executive said it was also opening an investigation into the iPhone maker over its new contractual requirements for third-party app developers and app stores.

© Reuters. FILE PHOTO: An Apple logo hangs above the entrance to the Apple store on 5th Avenue in the Manhattan borough of New York City, July 21, 2015.REUTERS/Mike Segar/File Photo

It singled out Apple’s three business terms.

“None of these business terms allow developers to freely steer their customers. For example, developers cannot provide pricing information within the app or communicate in any other way with their customers to promote offers available on alternative distribution channels,” the EU watchdog said.



Source link

Related Articles

Back to top button
bitcoin
Bitcoin (BTC) $ 63,472.01 0.29%
ethereum
Ethereum (ETH) $ 2,635.42 0.34%
tether
Tether (USDT) $ 0.999812 0.00%
bnb
BNB (BNB) $ 604.07 1.76%
solana
Solana (SOL) $ 147.00 2.91%
usd-coin
USDC (USDC) $ 0.999855 0.01%
xrp
XRP (XRP) $ 0.589019 0.65%
staked-ether
Lido Staked Ether (STETH) $ 2,635.36 0.38%
dogecoin
Dogecoin (DOGE) $ 0.109183 2.78%
the-open-network
Toncoin (TON) $ 5.59 0.99%
cardano
Cardano (ADA) $ 0.370339 4.52%
tron
TRON (TRX) $ 0.15233 0.17%
avalanche-2
Avalanche (AVAX) $ 27.54 0.57%
wrapped-steth
Wrapped stETH (WSTETH) $ 3,109.16 0.39%
wrapped-bitcoin
Wrapped Bitcoin (WBTC) $ 63,322.97 0.17%
shiba-inu
Shiba Inu (SHIB) $ 0.000015 2.75%
weth
WETH (WETH) $ 2,634.92 0.41%
chainlink
Chainlink (LINK) $ 11.53 1.13%
bitcoin-cash
Bitcoin Cash (BCH) $ 343.48 1.47%
polkadot
Polkadot (DOT) $ 4.58 5.09%
near
NEAR Protocol (NEAR) $ 5.19 7.06%
dai
Dai (DAI) $ 0.999757 0.04%
uniswap
Uniswap (UNI) $ 6.90 2.79%
leo-token
LEO Token (LEO) $ 5.57 4.01%
litecoin
Litecoin (LTC) $ 66.79 0.19%
wrapped-eeth
Wrapped eETH (WEETH) $ 2,762.05 0.37%
fetch-ai
Artificial Superintelligence Alliance (FET) $ 1.69 1.93%
internet-computer
Internet Computer (ICP) $ 9.01 7.93%
sui
Sui (SUI) $ 1.57 3.75%
bittensor
Bittensor (TAO) $ 560.49 6.42%
kaspa
Kaspa (KAS) $ 0.163107 0.96%
aptos
Aptos (APT) $ 7.98 2.21%
pepe
Pepe (PEPE) $ 0.000009 6.64%
monero
Monero (XMR) $ 167.23 4.14%
first-digital-usd
First Digital USD (FDUSD) $ 0.998588 0.01%
polygon-ecosystem-token
POL (ex-MATIC) (POL) $ 0.406126 0.84%
blockstack
Stacks (STX) $ 1.95 8.37%
ethereum-classic
Ethereum Classic (ETC) $ 19.14 0.74%
stellar
Stellar (XLM) $ 0.096165 0.12%
immutable-x
Immutable (IMX) $ 1.75 3.16%
ethena-usde
Ethena USDe (USDE) $ 0.999194 0.03%
aave
Aave (AAVE) $ 167.26 3.03%
render-token
Render (RENDER) $ 6.16 2.51%
okb
OKB (OKB) $ 40.05 0.49%
crypto-com-chain
Cronos (CRO) $ 0.085086 1.35%
filecoin
Filecoin (FIL) $ 3.79 2.11%
injective-protocol
Injective (INJ) $ 22.18 0.66%
arbitrum
Arbitrum (ARB) $ 0.60015 0.18%
hedera-hashgraph
Hedera (HBAR) $ 0.056935 2.44%
mantle
Mantle (MNT) $ 0.628869 0.29%