EU poised to fine Apple about 500 million euros, FT reports


FILE PHOTO: The Apple logo is seen hanging at the entrance to the Apple store on 5th Avenue in Manhattan, New York, U.S., October 16, 2019. REUTERS/Mike Segar/File Photo

(Reuters) -The European Union is set to fine Apple about 500 million euros ($539 million) over alleged breaches of EU competition law, the Financial Times reported on Sunday citing unnamed sources.

The fine is expected to be announced early next month, the FT said.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Tech News

Russian billionaire Potanin acquires minority stake in cloud provider Selectel
Google co-founder explains one of the company’s most infamous failures
South Korea's L&F says value of battery material supply deal with Tesla cut to $7,386
TikTok challenge of violently kicking doors unnerves residents, puts US police on alert
Why Spotify’s latest problem could change music forever
SoftBank nears deal for data center investment firm DigitalBridge, Bloomberg News reports
Larry Ellison, not Elon Musk, was the tech titan who defined 2025
Gmail to let users change their addresses while keeping data
German hacker group urges monthly Digital Independence Day
Virtual reality opens doors for older people to build closer connections in real life

Others Also Read