CDK Hack, Apple EU Warning
Bloomberg Intelligence
00:00
Apple under investigation for anti-steering rules
The chapter delves into the European Commission's investigation into Apple under the Digital Markets Act, focusing on their anti-steering rules preventing app developers from offering cheaper subscription options outside the app store. It discusses Apple's response to comply with the new competition rules while facing potential strict enforcement and another fine. The conversation also explores the regulatory environment in Europe concerning US tech giants like Apple, Google, and Facebook and the impact of European regulators' actions on protecting local players.
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