Apple becomes first US tech giant charged under Europe's new antitrust law — and faces billions in fines

Apple has become the first US tech giant to be charged under the European Union’s tough new antitrust tech law — potentially exposing it to billions of dollars in fines for allegedly stifling developers in its App Store.The iPhone maker has allegedly breached the EU’s Digital Markets Act by preventing app developers from easily steering customers to cheaper offers outside the App Store, the European Commission said Monday.If confirmed to have breached the law, Apple could be fined up to 10% of its total wor ...