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Benzinga
Benzinga
Politics
Anusuya Lahiri

Dutch Watchdog Levies €5M Penalty On Apple; Marking 9th Weekly Penalty Since January

  • The Authority for Consumers and Markets levied a €5 million ($5.5 million) penalty on Apple Inc (NASDAQ:AAPL), Reuters reports.
  • The Dutch antitrust watchdog had sent "new proposals" to Apple to resolve a long-running dispute over its failure to allow dating app developers to use non-Apple payment methods in the Netherlands.
  • The watchdog's penalty marked the ninth such weekly penalty on Apple since January.
  • The penalty could extend to a maximum of €50 million.
  • Price Action: AAPL shares traded higher by 0.48% at $164.77 on the last check Monday.
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