Media: EU authorities prepare to charge Apple with violating the Digital Markets Act
In March, the European Commission initiated an investigation against Apple over concerns that the corporation is violating digital market laws and suppressing competition on iOS, including in the App Store. According to sources from the Financial Times, authorities' suspicions have been confirmed.
The publication reports that the agency will officially charge Apple in the coming weeks. However, these charges will be preliminary, allowing Apple to revise its policies before any penalties are imposed.
If Apple is found guilty, writes the Financial Times, the corporation will have to pay daily fines amounting to 5% of its average global daily turnover. Currently, that exceeds $1 billion.
Information from the Financial Times is indirectly confirmed by European Commissioner for Competition Margrethe Vestager. In an interview with CNBC, she stated that Apple has "very serious" problems.
