-- Apple Inc. risks billions of euros of new fines over its App Store rules as European Union antitrust regulators escalated a growing conflict over rules that strike at the heart of the iPhone maker’s business model. At the same time, the commission said that it had opened a fresh investigation into Apple’s new App Store fees for developers in …
In the past couple of decades, Europe and America have taken different paths in how they regulate large firms. Perhaps surprisingly, Europe took on even the mighty tech giants, imposing multi-billion-euro fines on the likes of Google and, at times, forcing changes to tech business models. Ms Vestager’s regulatory method is premised on the idea that consumer tech markets tend …
