In March, the European Commission initiated an investigation into Apple due to concerns that the corporation is violating the Digital Markets Act and suppressing competition on iOS, including in the App Store. According to sources from the Financial Times, authorities' suspicions have been confirmed.

According to the publication, the agency will officially charge Apple in the coming weeks. However, the charges will be preliminary, and Apple will have the opportunity 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.

The information from the Financial Times is indirectly confirmed by the European Competition Commissioner Margrethe Vestager. In an interview with CNBC, she stated that Apple has "very serious" issues.


Financial Times