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International

Apple faces EU antitrust charge for restricting competition

May 03, 2022 Reprints

The European Commission has hit Apple Inc. with antitrust charge after it found that it may have restricted third-party access to key technology necessary to develop rival mobile wallet solutions on its devices, Arab News reported. Apple could face a fine up to 10% of its global turnover – or $36.6 billion – based on its revenue last year.

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Apple faces EU antitrust charge for restricting competition

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