Todd Spangler NY Digital EditorThe European Union has ratcheted up its scrutiny of Apple’s business practices.The EU announced Tuesday that it has formally launched investigations into whether Apple’s rules for app developers covering distribution of apps via the App Store violate EU competition rules.
In addition, European regulators opened an antitrust investigation into the tech company’s Apple Pay service.If the EU determines Apple violated antitrust laws, the tech giant could be fined up to 10% of annual revenue and also be required to modify its business practices, the Wall Street Journal reported.According to the EU, the investigations into the App Store are focused on Apple’s requirement that developers use its proprietary in-app.
Read more on variety.com