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Benzinga
Benzinga
Business
Snigdha Gairola

Apple Set To Dodge Over $50 Million In Daily EU Fines With App Store Overhaul, Opening Door To Cheaper Developer Payments: Report

European Union Apple App Store Euro
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Apple Inc. (NASDAQ:AAPL) is likely to avoid daily fines from the European Union (EU) by accepting changes to its App Store rules and fees.

What Happened: The EU antitrust regulators are expected to approve Apple’s new App Store rules and fees, which could prevent the tech giant from facing significant daily fines, Reuters reported on Wednesday, citing sources.

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