"EU to Impose 500 Million Euro Fine on Apple in Antitrust Crackdown"

The European Commission is reportedly preparing to fine Apple around 500 million euros for alleged breaches of EU competition law related to its App Store rules and music service subscription policies. This comes amid a broader crackdown on big tech companies ahead of the enactment of the EU's Digital Markets Act. The Act aims to address anti-competitive practices from major tech players, including Apple, and requires them to allow third-party developers to distribute apps outside the iOS Store and bill their customers directly. Apple has made some concessions and announced changes to its iOS, Safari, and the App Store in the EU, but the company has the right to appeal the decision in EU courts.