Apple's App Store hit with antitrust probe in Spain

Core Viewpoint - Apple is facing an antitrust investigation in Spain regarding its App Store practices, with concerns about unfair trading conditions imposed on developers [1] Group 1: Investigation Details - The CNMC has opened an investigation into Apple's App Store, which may take up to two years to complete [1] - If found in breach of competition rules, Apple could face penalties of up to 10% of its global annual turnover, potentially amounting to billions of euros [1] - Developer complaints about Apple's App Store operations have been ongoing, particularly regarding fees for in-app sales and the app review process [2] Group 2: Apple's Response and Claims - Apple asserts that it applies clear and consistent rules to ensure a safe and high-quality experience for users, claiming that over 90% of app store revenues go to developers without collecting any commission [2] - In response to the CNMC investigation, Apple stated it would cooperate with the Spanish Competition Authority [2] Group 3: Broader Regulatory Context - The European Commission is also investigating Apple for suspected non-compliance with the Digital Markets Act (DMA), which includes significant penalties for violations [3] - Preliminary findings from the Commission suggest that Apple's anti-steering rules may breach the DMA [3] - The EU is examining Apple's compliance with DMA requirements to allow third-party app stores, with developers arguing that Apple complicates access to these alternatives [4] Group 4: Future Implications - Additional regulatory scrutiny is anticipated as the U.K. prepares to implement its own competition reforms targeting Big Tech [4] - The ongoing antitrust actions against Apple may attract litigation funders looking to capitalize on the situation [4]