Apple is reportedly set to be fined by EU antitrust regulators under the bloc's landmark Digital Markets Act (DMA). This would mark Apple as the first company to be sanctioned under these new rules aimed at reining in the power of Big Tech.
The impending fine signals a significant escalation in regulatory pressure on Apple in Europe. It indicates that the EU is actively enforcing its new digital competition framework.
This development could have material financial consequences for Apple and may necessitate changes to its business practices in the European market to comply with DMA regulations.
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