TECH NEWS – The Digital Markets Act (DMA) is not being respected by the Cupertino-based company, and the European Union could impose a hefty fine!

The EU is cracking down pretty hard on anti-competitive practices, and in the process, making sure that offending companies pay like soldiers for not complying with the law. With Google first in the EU’s crosshairs and now Apple, the EU is trying to step on the toes of the big tech companies. Bloomberg has more on this.

Lawmakers say Apple has failed to take the necessary steps to ensure developers provide users with cheaper options outside the App Store. The European Commission (EC) has been breathing down Apple’s neck since June, when it formally announced a review of the App Store’s rules on DMAs. The company changed them in August, a significant step toward complying with the law and giving consumers in the Old Continent more options.

However, Apple is still requiring developers to report purchase transactions and even pay the in-store service fee. It remains to be seen how much the company will be fined, but it would not be a big surprise if Tim Cook’s company had to pay the fine this year, as EU Competition Commissioner Margrethe Vestager is aggressively enforcing the rules. Regulators are proactively pursuing anti-competition laws, and companies need to be more vigilant about their practices and monitor whether they are breaking the rules to avoid getting into trouble.

Meanwhile, Cook also took to Twitter to congratulate Donald Trump on his re-election as president of the United States in 2016: “Congratulations President Trump on your win! We look forward to working with you and your administration to ensure the United States continues to lead and be driven by ingenuity, innovation and creativity.” Meanwhile, Cook and Trump have a close relationship…

Source: WCCFTech