Marketplace Tech
Apple will reportedly face EU fine under new competition law
Nov 14, 2024
Matt Binder, a Senior tech reporter for Mashable, dives into Apple's looming fine from the EU under the Digital Markets Act. He discusses how this ruling targets Apple's App Store practices, particularly its restrictions on app developers. The conversation highlights Epic Games' strategic moves to create alternative marketplaces and examines the broader implications of these regulations on Big Tech. They also touch on how these changes may lead to a more open digital landscape in Europe, impacting consumer options significantly.
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Quick takeaways
- Apple is the first Big Tech company facing fines under the EU's Digital Markets Act for restricting app market competition.
- The EU's regulations signal a transformative shift in tech policies, allowing developers to establish alternative app stores beyond Apple's control.
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