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European Union accuses Apple of violating competition rules

European Union regulators have accused Apple of being in breach of new laws designed to rein in big tech companies.
 
The European Commission, which regulates competition in the EU, said Apple's App Store squeezes out rival marketplaces, marking the first time it has found a company in breach of the Digital Markets Act.
 
The firm faces a potential fine of up to 10 pe rcent of its global revenue if it fails to comply with the rules.
 
Apple said it is confident that the plan complies with the law.


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