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Apple fined 1 million euros by Paris court over App Store practices

By Layli Foroudi PARIS (Reuters) -The Paris Commercial Court on Monday fined iPhone maker Apple (NASDAQ:AAPL) just over 1 million euros ($1.06 million) for imposing abusive...
Apple fined 1 million euros by Paris court over App Store practices © Reuters. FILE PHOTO: The Apple Inc logo is seen at the entrance to the Apple store in Brussels, Belgium November 28, 2022. REUTERS/Yves Herman
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By Layli Foroudi

PARIS (Reuters) -The Paris Commercial Court on Monday fined iPhone maker Apple (NASDAQ:AAPL) just over 1 million euros ($1.06 million) for imposing abusive commercial clauses on French app developers for access to the company's App Store, the court ruling showed.

The ruling, seen by Reuters, said there was no need to order Apple, which has a market value of about $2.1 trillion, to tweak the App Store's clauses because the European Union's incoming Digital Markets Act would require changes in any case.

While tiny in size compared to the huge profits generated by Apple, the Paris court's fine is another sign of the legal pressures Apple faces to loosen its grip over the App Store, so far the only gateway for alternative app developers to access customers.

An Apple spokesman said the U.S. company would review the ruling and believed "in vibrant and competitive markets where innovation can flourish."

"Through the App Store, we’ve helped French developers of all sizes share their passion and creativity with users around the world while creating a secure and trusted place for customers," the spokesman added.

Apple faces heightened antitrust scrutiny over its contractual practices following the adoption of new EU legislation that targets so-called digital "gatekeepers" online -- tech firms whose platforms and softwares have become unavoidable for smaller digital companies.

The Digital Markets Act (DMA) in particular will force Apple and fellow tech giant Google (NASDAQ:GOOGL) to provide space for third-party app stores on their respective iOS and Android devices.

The DMA came into force on Nov. 1 and there is now a six-month implementation stage before it starts to apply for the most part from May 2, 2023.

($1 = 0.9413 euros)

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01-05-2024 10:45:17 (UTC+7)

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Adidas AG

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    EUR/USD 1.0658 ↑ Sell  
    GBP/USD 1.2475 ↑ Sell  
    USD/JPY 157.91 ↑ Buy  
    AUD/USD 0.6469 Neutral  
    USD/CAD 1.3780 ↑ Buy  
    EUR/JPY 168.32 ↑ Buy  
    EUR/CHF 0.9808 Neutral  
    Gold 2,295.80 ↑ Sell  
    Silver 26.677 ↑ Sell  
    Copper 4.5305 ↑ Buy  
    Crude Oil WTI 81.14 ↑ Sell  
    Brent Oil 85.62 ↑ Sell  
    Natural Gas 1.946 ↑ Sell  
    US Coffee C 213.73 ↑ Sell  
    Euro Stoxx 50 4,920.55 ↑ Sell  
    S&P 500 5,035.69 ↑ Sell  
    DAX 17,921.95 ↑ Sell  
    FTSE 100 8,144.13 Sell  
    Hang Seng 17,763.03 ↑ Sell  
    Small Cap 2000 1,973.05 ↑ Sell  
    IBEX 35 10,854.40 Neutral  
    BASF 49.155 ↑ Sell  
    Bayer 27.35 ↑ Sell  
    Allianz 266.60 ↑ Sell  
    Adidas 226.40 ↑ Sell  
    Lufthansa 6.714 Neutral  
    Siemens AG 175.90 ↑ Sell  
    Deutsche Bank AG 15.010 Neutral  
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