The Italian Competition Authority stated that it has imposed a fine of €98.6 million on Apple (AAPL.US) and its two subsidiaries for allegedly abusing its dominant market position in distributing applications to iOS users.
The authorities claimed that Apple is suspected of violating European regulations, as the company's app store holds an absolute dominant position in providing a platform for developers

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The Italian Competition Authority stated that it has imposed a fine of €98.6 million on Apple and its two subsidiaries for allegedly abusing its dominant market position when distributing applications to iOS users. The authorities claimed that Apple violated European regulations, as the company's app store holds an absolute dominant position in providing a platform for developers

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Apple's App Store accused of abusing market dominance and fined nearly 100 million euros by Italy