Violation of European law, Apple likely to face heavy fines

Apple declined to comment on the fine—Photo: Reuters

The European Union will impose fines of 539 million dollars (500 million euros) on the famous technology company Apple for allegedly violating competition law.

According to news agency Reuters, the Financial Times, citing sources, said in a report that Apple is accused of violating EU laws and will be fined for that reason.

According to the Financial Times, the fine is expected to be announced early next month.

It should be noted that the European Commission last year accused Apple of violating competition law in the music streaming market through its App Store rules, which restrict developers’ options for purchasing music. Is.

Both the European Commission and Apple declined to comment on the Financial Times report.

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