Why Apple has been fined 5 million euros by Dutch antitrust regulator

Why Apple has been fined 5 million euros by Dutch antitrust regulator Apple was fined 5 million euros ($5.65 million) by the Dutch antitrust regulator on Monday for failing to comply with an order to open its app store to allow dating app providers in the Netherlands to use alternative payment methods. Apple on Jan. 15 said it had complied with the December order https://www.reuters.com/technology/apples-app-store-broke-competition-laws-dutch-watchdog-says-2021-12-24 from the Authority for Consumers and Markets (ACM) - but the regulator said on Monday Apple had not. "Apple has failed to satisfy the requirements on several points," the ACM said in a statement. "The most important one is that Apple has failed to adjust its conditions, as a result of which dating-app providers are still unable to use other payment systems. At the moment, dating-app providers can merely express their 'interest'." Apple could not immediately be reached for comment. The company is appealing the ACM's December decision. The ACM said it had informed the company of its decision, and the company would be subject to a weekly fine ranging from 5 million to 50 million euros until it complies. Follow Gadgets Now on  Facebook  and  Twitter.   For the  latest news,   tech news,   breaking news headlines and live updates checkout Gadgetsnow.comGN Awards - Vote for your favourite GadgetsFacebookTwitterLinkedinAdd commentRead 1 commentAll Comments (1) sortupvotednewestoldestdiscusseddownVoted+0/3000Its MeeIts Mee12 hours agoThis is peanuts to Apple. Looking at the kind of dominance it has got and the kind of money they are making and the valutions of over 3 Trillion USD , the fine levied is peanuts.Reply10{"@context":"http://schema.org","@type":"NewsArticle","inLanguage":"en","mainEntityOfPage":{"@type":"WebPage","@id":"https://www.gadgetsnow.com/tech-news/why-apple-has-been-fined-5-million-euros-by-dutch-antitrust-regulator/articleshow/89099379.cms","url":"https://www.gadgetsnow.com/tech-news/why-apple-has-been-fined-5-million-euros-by-dutch-antitrust-regulator/articleshow/89099379.cms"},"headline":"Why Apple has been fined 5 million euros by Dutch antitrust regulator","description":"Apple was fined 5 million euros ($5.65 million) by the Dutch antitrust regulator on Monday for failing to comply with an order to open its app store to allow dating app providers in the Netherlands to use alternative payment methods. Apple on Jan. 15 said it had complied with the December order https://www.reuters.com/technology/apples-app-store-broke-competition-laws-dutch-watchdog-says-2021-12-24 from the Authority for Consumers and Markets (ACM) - but the regulator said on Monday Apple had no...","keywords":"Dutch antitrust regulator,dating app providers,apple fined,app store,app,apple","datePublished":"2022-01-24T21:27:00+05:30","dateModified":"2022-01-24T21:38:00+05:30","image":{"@type":"ImageObject","url":"https://static.toiimg.com/thumb/resizemode-4,msid-89099379,width-1200,height-900/89099379.jpg","height":900,"width":1200},"author":{"@type":"Person","name":"Reuters"},"publisher":{"@type":"Organization","name":"Gadgets Now","logo":{"@type":"ImageObject","url":"https://static.toiimg.com/photo/88204186.cms","width":600,"height":60}},"articleBody":"Apple was fined 5 million euros ($5.65 million) by the Dutch antitrust regulator on Monday for failing to comply with an order to open its app store to allow dating app providers in the Netherlands to use alternative payment methods. Apple on Jan. 15 said it had complied with the December order https://www.reuters.com/technology/apples-app-store-broke-competition-laws-dutch-watchdog-says-2021-12-24 from the Authority for Consumers and Markets (ACM) - but the regulator said on Monday Apple had not. \"Apple has failed to satisfy the requirements on several points,\" the ACM said in a statement. \"The most important one is that Apple has failed to adjust its conditions, as a result of which dating-app providers are still unable to use other payment systems. At the moment, dating-app providers can merely express their 'interest'.\" Apple could not immediately be reached for comment. The company is appealing the ACM's December decision. The ACM said it had informed the company of its decision, and the company would be subject to a weekly fine ranging from 5 million to 50 million euros until it complies. "} - https://www.affordablecebu.com/