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EU Takes a Closer Look at Apple's Compliance with Digital Markets Act

Word on the StreetMonday, Nov 4, 2024 7:00 am ET
1min read

The European Union regulators have announced their intention to scrutinize a report from Apple Inc. This report outlines the steps Apple has taken to ensure compliance of its iPadOS with the EU's Digital Markets Act.

The European Commission is set to assess whether these measures align with the stipulated obligations under the legislation.

According to the statement, Apple is required to allow users to set their preferred default web browsers on iPadOS. Furthermore, the company must permit alternative app stores on its operating system and enable accessories such as headphones and smart pens to access iPadOS functionalities effectively.

This examination is part of a broader EU effort to enforce digital regulations aimed at fostering competition and promoting consumer choice within the technology market. The implications of this scrutiny for Apple could be significant, impacting not only its business model but also its relationship with consumers and developers alike.

Apple's compliance with these regulations will be closely monitored as the company navigates the complex landscape of digital laws in the EU. The outcomes of this review could set a precedent for how tech giants engage with regulatory frameworks worldwide.

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serkankster
11/04
$AAPL whales are offloading shares, and the price is on the rise.
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Historical_Ebb_7777
11/04
$PLTR Amazon, Tesla, Netflix, Cisco Systems, Microsoft, Meta (formerly Facebook), Apple, Intel, Snap, Zoom, Nvidia. It's often debated whether being overvalued is necessarily a bad thing for these tech giants.
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