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Apple to face fine of $539 mn from EU
Mint Mumbai
|February 19, 2024
The European close to hitting Apple Inc with its first-ever antitrust fine as well as a ban on App Store rules that the bloc believes thwart competition, according to the Financial Times.
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The fine of around ₹500 million ($539 million) is expected to be announced next month, the FT said, citing five sources it did not name. Apple could have been fined as much as 10% of its annual global sales.
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