10:14 AM EDT, 07/07/2025 (MT Newswires) -- (Updates with Apple's ( AAPL ) statement in the second and third paragraphs.)
Apple ( AAPL ) has filed an appeal against a 500 million euro ($586.3 million) fine imposed by the European Commission for allegedly violating the EU's Digital Markets Act, according to media reports and a company statement Monday.
"We filed our appeal because we believe the European Commission's decision -- and their unprecedented fine -- go far beyond what the law requires," an Apple ( AAPL ) spokesperson told MT Newswires.
"As our appeal will show, the [European Commission] is mandating how we run our store and forcing business terms which are confusing for developers and bad for users. We implemented this to avoid punitive daily fines and will share the facts with the Court."
The European Commission announced the fine in April, accusing Apple ( AAPL ) of imposing technical and commercial restrictions that prevented developers from steering users to alternative payment methods outside the App Store.
In its decision, the European Commission ordered Apple ( AAPL ) to remove the restrictions and refrain from perpetuating the non-compliant conduct.
Price: 212.66, Change: -0.89, Percent Change: -0.42