Apple has announced a significant plan to dismantle some competitive barriers around its iPhone franchise in compliance with upcoming European regulations. Starting in early March, Apple will allow iPhone users in Europe to use alternative app stores and enable developers to offer alternative payment systems. This move comes as a response to the Digital Markets Act (DMA), effective March 7, requiring Apple to provide users with choices and reduce fees. The company will lower fees for developers in Europe and decrease the 15-to-30-percent commission on in-app transactions. While seen as a necessary step to comply with EU regulations, Apple expressed concerns about potential privacy and security threats. Critics, including Epic Games CEO Tim Sweeney, called Apple’s revisions in Europe “a devious new instance of malicious compliance.”
Source – CGTN