Apple Appeals EU’s €500 Million Fine for App Store Payment Restrictions
In a move to contest the European Union’s hefty penalty, Apple filed an appeal on Monday against the €500 million fine imposed on the company for not complying with the EU’s rules on App Store payment restraints. The fine, amounting to approximately $580 million, was issued by the European Commission in April, citing Apple’s failure to comply with the Digital Markets Act (DMA) rules. The rules mandate companies to allow developers to accept payments for their apps[…]