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Market Chatter: Apple May Face New EU Charges for Non-Compliance With Digital Markets Act
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Market Chatter: Apple May Face New EU Charges for Non-Compliance With Digital Markets Act
Jun 16, 2025 4:54 AM

07:38 AM EDT, 06/16/2025 (MT Newswires) -- Apple ( AAPL ) could soon face another charge sheet from the European Union if it fails to comply with the Digital Markets Act by June 26, Bloomberg reported Monday, citing unnamed sources.

The EU is reportedly pressuring Apple ( AAPL ) to allow developers to inform users about alternative offers outside the App Store.

If Apple ( AAPL ) does not comply by the deadline, officials are prepared to issue an ultimatum, potentially leading to daily fines of up to 5% of Apple's ( AAPL ) global revenue, the report said.

When inquired by the outlet, a European Commission declined to comment on potential next steps while Apple ( AAPL ) still has time to submit a proposal.

Earlier in April, the EU fined Apple ( AAPL ) 500 million euros ($579 million) for alleged violations of a new digital law.

Apple ( AAPL ) and the European Commission did not immediately respond to requests for comment from MT Newswires.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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