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VisitEU Warns Apple to Open iPhone Operating System Within Six Months or Face Fines
Sep 19, 2024, 09:43 AM
Apple Inc. is set to receive a warning from the European Union to open up its highly guarded iPhone operating system to rival technologies. The EU's directive comes under the new Digital Markets Act (DMA), which mandates that operating systems must be fully functional with other technologies. If Apple fails to comply within six months, it risks facing a formal probe and significant fines of up to 10% of its global annual turnover. The EU's move aims to ensure interoperability and fair competition in the digital market.
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Markets
No • 50%
Yes • 50%
Official statement from Apple or EU, news reports
No • 50%
Yes • 50%
Official statement from EU, news reports
Yes • 50%
No • 50%
Official statement from EU, news reports
Open iOS to all third-party apps • 25%
No significant changes • 25%
Negotiate for an extension • 25%
Create a separate version of iOS for EU • 25%
Official statement from Apple or EU, news reports
Partially complies • 25%
Seeks legal action • 25%
Complies fully • 25%
Does not comply • 25%
Official statement from Apple or EU, news reports
Decrease by more than 5% • 25%
Increase by more than 5% • 25%
Increase by less than 5% • 25%
Decrease by less than 5% • 25%
Stock market data, financial news reports