Apple set to face first-ever fine under EU’s Digital Markets Act: Report

Apple could soon become the first company to be hit with a fine for violating the Digital Markets Act (DMA), the competition-specific legislation of the European Union (EU) that came into effect last year.

The European Commission is preparing to impose a penalty on the iPhone-maker months after the regulatory authority found that Apple App Store’s anti-steering policies harmed competition and breached provisions of the DMA, according to a report by Bloomberg.