Learn more

Apple Inc. (NASDAQ:AAPL) has been warned by the EU’s industry chief of facing possible severe repercussions if the company’sApp Store changes do not comply with the imminent EU regulations. What Happened: Apple has been making amendments to its App Store to align with the EU’s forthcoming Digital Markets Act or DMA. Starting in early March, developers will have the liberty to distribute their apps through alternative stores, sidestepping Apple’s in-app payment system that charges up to 30% commission. However, these changes have faced criticism for being inadequate and potentially violating th…