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The Nexus
BUSINESSJul 8 · 09:56 UTCSCMP CHINAReuters

Apple loses challenges against EU rules to curb Big Tech

Apple lost its challenge against the EU's Digital Markets Act (DMA), which designates its app stores and iOS as gatekeepers with obligations to promote competition. The DMA, effective since May 2023, allows fines up to 10% of a company's global turnover and has faced legal challenges from Apple, Meta, and ByteDance.

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