{"id":323766,"date":"2024-06-14T23:50:08","date_gmt":"2024-06-14T18:20:08","guid":{"rendered":"https:\/\/dripp.zone\/news\/apple-to-face-major-charges-over-app-store-monopoly-what-we-know-so-far-crypto-news\/"},"modified":"2024-06-14T23:55:00","modified_gmt":"2024-06-14T18:25:00","slug":"apple-to-face-major-charges-over-app-store-monopoly-what-we-know-so-far-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/apple-to-face-major-charges-over-app-store-monopoly-what-we-know-so-far-crypto-news\/","title":{"rendered":"Apple to face major charges over App Store monopoly: What we know so far &#8211; Crypto News"},"content":{"rendered":"<p><\/p>\n<div id=\"mainArea\">\n<div class=\"FirstEle\">\n<p>Tech giant Apple is once again in the news for not complying with European Union regulations. According to a report from the Financial Times (FT), the EU is planning to charge the California-based company for blocking competition on its App Store platform. This is likely to be the first time the EU regulators could use the Digital Markets Act (DMA) against Apple.\u00a0<\/p>\n<\/p><\/div>\n<div class=\"paywall\" id=\"paywall_11718381772500\">\n<p>The report highlights that the executive arm of the EU strictly believes that Apple is not letting app developers allow users to offer outside the<a rel=\"nofollow noopener\" target=\"_blank\" class=\"manualbacklink\" href=\"https:\/\/www.livemint.com\/technology\/eu-warns-apple-of-strict-consequences-if-app-store-modifications-fall-short-of-regulations-11706334647069.html#:~:text=Apple%20could%20face%20consequences%20if,Apple's%20in%2Dapp%20payment%20system.\"> App Store<\/a> without paying the respective fees. FT cited its three sources to confirm the news.\u00a0<\/p>\n<p>For those who do not know, the<a rel=\"nofollow noopener\" target=\"_blank\" class=\"manualbacklink\" href=\"https:\/\/www.livemint.com\/technology\/eu-warns-apple-of-strict-consequences-if-app-store-modifications-fall-short-of-regulations-11706334647069.html#:~:text=Apple%20could%20face%20consequences%20if,Apple's%20in%2Dapp%20payment%20system.\"> DMA law<\/a> allows gatekeepers (powerful tech companies) to allow more competition. Earlier this year in March, the EU began investigating Google and Apple under the same law.\u00a0<\/p>\n<p>According to the report, the publication&#8217;s sources said that charges against Apple are expected soon. However, it is noteworthy to note that these are based on preliminary findings. The regulatory body can reconsider the charges in case <a rel=\"nofollow noopener\" target=\"_blank\" class=\"manualbacklink\" href=\"https:\/\/www.livemint.com\/opinion\/online-views\/apple-it-s-late-to-the-ai-race-but-sure-and-steady-11718297917412.html\">Apple<\/a> still changes its practices, added the report.<\/p>\n<p>Mint previously reported that Apple might face severe repercussions if its changes to the App Store do not comply with forthcoming European Union regulations, as warned by the bloc&#8217;s industry chief.<\/p>\n<p>To adhere to the EU&#8217;s upcoming Digital Markets Act (DMA), Apple announced it would allow software developers to distribute their apps on Apple devices via alternative app stores.\u00a0<\/p>\n<p>Starting from early March, developers will have the option to offer alternative app stores on <a rel=\"nofollow noopener\" target=\"_blank\" class=\"manualbacklink\" href=\"https:\/\/www.livemint.com\/technology\/gadgets\/apple-intelligence-leaves-iphone-15-and-15-plus-behind-expert-ming-chi-kuo-11718294903968.html\">iPhones <\/a>and avoid using Apple&#8217;s in-app payment system, which currently charges commissions of up to 30 percent, said the American tech giant.<\/p>\n<p>Despite these changes, critics claimed that Apple&#8217;s fee structure remained unfair and potentially in violation of the DMA. Addressing questions about Apple&#8217;s plans, EU industry chief Thierry Breton told Reuters, &#8220;The DMA will open the gates of the internet to competition, ensuring that digital markets are fair and open.&#8221;<\/p>\n<p>Breton highlighted that change is already underway, stating, &#8220;From March 7, we will evaluate companies&#8217; proposals with feedback from third parties.&#8221; He stressed that if the proposed solutions are inadequate, the<a rel=\"nofollow noopener\" target=\"_blank\" class=\"manualbacklink\" href=\"https:\/\/www.livemint.com\/technology\/gadgets\/apple-intelligence-leaves-iphone-15-and-15-plus-behind-expert-ming-chi-kuo-11718294903968.html\"> EU <\/a>is prepared to take strong action.<\/p>\n<p>\u00a0<\/p>\n<p>\u00a0<\/p>\n<p>              <input type=\"hidden\" id=\"iframecount\" value=\"0\"\/>\t<\/p>\n<p class=\"milestone\" style=\"display:none\"><strong>Milestone Alert!<\/strong><br \/>\nLivemint tops charts as the fastest growing news website in the world <span>\ud83c\udf0f<\/span> <a rel=\"nofollow noopener\" target=\"_blank\" class=\"lmWhatsappChannel\" href=\"https:\/\/www.read.ht\/QvEN\" data-name=\"Whatsapp_channel\"><strong>Click here<\/strong><\/a>  to know more.\n<\/p>\n<p class=\"benefitText\"> 3.6 Crore Indians visited in a single day choosing us as India&#8217;s undisputed platform for General Election Results. Explore the latest updates  <a rel=\"nofollow noopener\" target=\"_blank\" onclick=\"ga4CommonTracking({event:'cta_click',cta_text:'login_now', target_url:'https:\/\/www.livemint.com\/elections\/lok-sabha?utm_source=eoa&#038;utm_medium=eoa&#038;utm_campaign=election36m' , cta_position:'article_bottom',article_type: '',}); ga('send', 'event', 'Story Bottom', 'Login','Click' , {'dimension22': 'LM', 'dimension41': 'end_of_article', 'dimension47': 'false', 'dimension50': 'News', 'dimension51': '11718381772500', 'dimension52': `Apple to face major charges over App Store monopoly: What we know so far`, 'dimension53': 'Technology'});\" class=\"lmWhatsappChannel\" href=\"https:\/\/www.livemint.com\/elections\/lok-sabha?utm_source=eoa&#038;utm_medium=eoa&#038;utm_campaign=election36m\"><strong>here!<\/strong><\/a>\n<\/p>\n<div class=\"disclamerText\" id=\"disclamerArea_11718381772500\">\n<div class=\"seeless\" id=\"disclamerText_11718381772500\">\n\t                Catch all the <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.livemint.com\/technology\" class=\"bold\"> Technology News<\/a> and Updates on Live Mint.<br \/>\n\t        Download The <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.livemint.com\/apps\" class=\"bold\">Mint News App<\/a> to get Daily <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.livemint.com\/market\/stock-market-news\" class=\"bold\">Market Updates<\/a> &#038; Live <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.livemint.com\/\" class=\"bold\">Business News<\/a>.\n    <\/div>\n<p><a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.livemint.com\/technology\/tech-news\/javascript:void(0)\" class=\"readMore\" id=\"readMore_11718381772500\" onclick=\"more(11718381772500)\">More<\/a><br \/>\n<a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.livemint.com\/technology\/tech-news\/javascript:void(0)\" class=\"readLess\" id=\"readLess_11718381772500\" onclick=\"less(11718381772500)\">Less<\/a>\n<\/div>\n<p>\n\t\tPublished: 14 Jun 2024, 10:56 PM IST\n\t<\/p>\n<aside class=\"moreAbout\">Topics You May Be Interested In<br \/>\n<\/aside>\n<\/p><\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Tech giant Apple is once again in the news for not complying with European Union regulations. According to a report from the Financial Times (FT), the EU is planning to charge the California-based company for blocking competition on its App Store platform. This is likely to be the first time the EU regulators could use [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":323770,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[8],"tags":[529,22456,22458,5863,188,183,22457,185,186,187,184,189,150,182,190],"class_list":["post-323766","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-technology","tag-apple","tag-apple-a","tag-apple-in-legal-trouble","tag-apple-lawsuit","tag-blockchain-tech","tag-blockchain-technology","tag-charges-against-apple","tag-crypto-technology","tag-cryptocurrency-technology","tag-metaverse-technology","tag-nft-technology","tag-soul-bound-token","tag-tech","tag-technology","tag-token-technology"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/323766","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=323766"}],"version-history":[{"count":1,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/323766\/revisions"}],"predecessor-version":[{"id":323773,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/323766\/revisions\/323773"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/323770"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=323766"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=323766"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=323766"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}