Apple Pay and App Store face investigation over competition rules
by Alex Hern from Technology | The Guardian on (#54NHW)
EU will look at Apple practices after years of criticism from competitors and regulators
Apple Pay and the iOS App Store are being investigated over potential breaches of European competition rules, the EU's competition commission announced on Tuesday.
The two investigations come after years of growing criticism of Apple's business practices from competitors like Spotify and regulators in the US and EU. If the iPhone maker is found to breach EU competetion rules it could face penalties of up to 10% of its global turnover.
Continue reading...