Loading...
Loading...
Browse all stories on DeepNewz
VisitWill Apple face EU fines for non-compliance with DMA by March 19, 2025?
Yes • 50%
No • 50%
Official announcements from the European Commission or legal proceedings.
EU Warns Apple to Open iPhone OS Under DMA, Risking Fines Up to 10%
Sep 19, 2024, 09:46 AM
The European Union has issued a warning to Apple, demanding that the company open its iPhone operating system to rival technologies. This directive comes under the new Digital Markets Act (DMA), which aims to ensure interoperability and fair competition within the tech industry. If Apple fails to comply, it could face significant fines, potentially up to 10% of its global annual turnover. The EU's decision aligns with its broader strategy to regulate major tech companies and enforce stricter digital market rules. The European Commission has started proceedings to specify Apple's obligations under the DMA, giving the company six months to comply. Apple must ensure rivals, third parties, and developers can function with its iOS mobile operating system.
View original story
No • 50%
Yes • 50%
Stock price increases by more than 10% • 25%
Other outcome • 25%
Stock price remains within ±10% • 25%
Stock price decreases by more than 10% • 25%
Apple complies with fines • 25%
Other outcome • 25%
Apple complies without fines • 25%
Apple does not comply and faces fines • 25%