The Netherlands Authority for Consumers and Markets has fined Apple for failing to allow rival payment systems for dating-app providers. The ACM had previously dictated that Apple to allow dating-apps to offer other payment systems either next to or instead of Apple’s own payment system no later than January 15th.
Although the fine — just 5 million euros ($5.7 million) every week with a total limit of 50 million euros — is a fraction of Apple’s $365.8 billion-annual revenue, the decision is a sign regulators are hardening their resolve against the U.S. firm’s payment methods.
“Apple has raised several barriers for dating-app providers to the use of third-party payment systems,” which is at odds with the Netherlands Authority for Consumers and Markets, according to the statement on ACM’s website.
MacDailyNews Take: How will Apple ever afford a $57 million maximum fine? Seriously, it’ll take Apple a something like a whole hour to generate that sum.
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