On June 24 local time, the European Commission initially ruled that Apple's online app store rules violated the EU's Digital Market Act. The European Commission believes that Apple's rules prevent application developers from freely guiding consumers to obtain preferences and content through other channels.
On the same day, the European Commission also launched a new non-compliance investigation against Apple.
According to the Digital Market Act, the European Commission can impose a fine on Apple in case of violation, up to 10% of the company's total global turnover.
On the last trading day of last week, Apple fell slightly by 1.04% to close at 207.49 dollars/share, with the latest market value of about 3.2 trillion dollars.
Source public information and market data
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