tradingkey.logo

Apple takes fight against $587 million EU antitrust fine to court

ReutersJul 7, 2025 9:04 AM

By Foo Yun Chee

- Apple AAPL.O took a challenge against EU regulators to Europe's second highest court on Monday after they fined it 500 million euros ($587 million) earlier this year for breaching landmark rules aimed at curbing the power of Big Tech.

The European Commission in a decision in April said the iPhone maker's technical and commercial restrictions that prevent app developers from steering users to cheaper deals outside the App Store breached the Digital Markets Act.

($1 = 0.8522 euros)

Disclaimer: The information provided on this website is for educational and informational purposes only and should not be considered financial or investment advice.

Related Articles

KeyAI