EU sets final countdown for Apple to comply with Digital Markets Act

The big picture: Apple and the European Commission are locked in a standoff over how tech firms should be regulated – a conflict being closely watched by the tech industry, app developers, and consumer advocates. The outcome could set a precedent for how digital marketplaces operate, not only in Europe but globally, as other jurisdictions consider similar measures to promote competition and curb the power of tech giants. Apple is facing a critical deadline in the European Union, with fewer than 30 days remaining to overhaul its App Store practices or face additional financial penalties from the European Commission. The warning follows the Commission's determination that Apple's current policies continue to violate the Digital Markets Act (DMA), a sweeping regulation aimed at curbing the power of major tech platforms and fostering greater competition in digital markets. At the heart of the dispute are Apple's longstanding restrictions that prevent app developers from informing users a ... Read full article.