Apple set to face fine under EU's landmark Digital Markets Act, sources say
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Apple is expected to be fined by EU antitrust regulators under the Digital Markets Act, marking it as the first company to face sanctions under these rules.
November 05, 2024 | 9:15 pm
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Apple is reportedly facing a fine from EU antitrust regulators under the Digital Markets Act, marking it as the first company to be sanctioned.
The news of a potential fine under the EU's Digital Markets Act could negatively impact Apple's stock price in the short term due to concerns over regulatory challenges and potential financial penalties.
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