The Spanish competition authority launched an investigation into Apple’s potentially anti-competitive practices in the App Store. The technology giant may face billions of dollars in fines.
Apple, which has been in trouble with the laws of the European Union lately, has now been dealt a blow from Spain. The country’s competition authority issued a statement against the technology giant started an investigation announced.
Spanish National Markets and Competition Commission (CNMC)stated that this investigation was initiated due to Apple’s potentially anti-competitive activities in the App Store.
Developers could face heavy fines for creating unfair trading conditions
According to the news, first reported by Reuters, CNMC has issued a lawsuit against developers who distribute the company’s applications through the platform. may impose unfair trading conditions expressed his concerns and initiated an investigation about the App Store in this context.
If the competition authority’s accusations are confirmed, Apple with a fine of up to 10% of global annual turnover may face. This means that the company could be fined billions of euros considering it generates hundreds of billions of dollars in annual revenue.
conclusion of the investigation It may take up to 2 years let’s point out. An Apple spokesperson stated that they will work to understand the competition authority’s concerns and take the necessary steps. He added that he believes App Store rules are consistent and fair, and that more than 90% of its revenues are paid to developers.
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With the Digital Markets Act (DMA), the EU aimed to provide an equal competitive environment for smaller competitors in the technology sector and put pressure on large technology companies. To comply, Apple had to open its doors to third-party app stores on the continent. Apart from this, we also saw that the European Commission fined Apple $2 billion in March for its blocking activities against rival music applications. Time will tell whether this kind of result will come from Spain.
Source :
https://www.macrumors.com/2024/07/28/spain-launches-investigation-into-apples-app-store/
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