Italy Fines Apple

Benzinga

Italy’s competition watchdog fined Apple €115.53M for abusing its dominant position via App Store privacy rules, saying its App Tracking Transparency policy unfairly harmed third-party developers. Apple said it strongly disagrees.

Transcript

00:00It's Benzinga, bringing Wall Street to Main Street.

00:03Italy's competition authority AGCM fined Apple and two of its divisions,

00:07or $115.53 million over alleged abuse of a dominant position in the mobile app market.

00:14The regulator said Apple holds absolute dominance through its app store when dealing with third-party developers.

00:20AGCM opened the investigation in May 2023 over claims that Apple imposed a more restrictive privacy policy

00:27on third-party developers starting in April 2021.

00:31The watchdog said Apple required developers to obtain specific consent for data collection

00:36and advertising through the app tracking transparency screen.

00:40AGCM said the policy was imposed unilaterally, harmed business partners,

00:45and was not proportionate to privacy goals.

00:47Apple said it strongly disagrees with the decision,

00:50saying it disregards the privacy protections provided by its app tracking transparency prompt.

00:55For all things money, visit Benzinga.com.

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