U.S. markets closed
  • S&P 500

    4,221.86
    -1.84 (-0.04%)
     
  • Dow 30

    33,823.45
    -210.22 (-0.62%)
     
  • Nasdaq

    14,161.35
    +121.67 (+0.87%)
     
  • Russell 2000

    2,287.46
    -27.23 (-1.18%)
     
  • Crude Oil

    71.02
    -0.02 (-0.03%)
     
  • Gold

    1,776.60
    +1.80 (+0.10%)
     
  • Silver

    26.01
    +0.16 (+0.61%)
     
  • EUR/USD

    1.1919
    -0.0082 (-0.68%)
     
  • 10-Yr Bond

    1.5110
    -0.0580 (-3.70%)
     
  • GBP/USD

    1.3930
    -0.0057 (-0.41%)
     
  • USD/JPY

    110.2700
    -0.3430 (-0.31%)
     
  • BTC-USD

    38,091.75
    -342.87 (-0.89%)
     
  • CMC Crypto 200

    938.66
    -31.22 (-3.22%)
     
  • FTSE 100

    7,153.43
    -31.52 (-0.44%)
     
  • Nikkei 225

    29,018.33
    -272.68 (-0.93%)
     

EU to charge Apple over its in-app payment system rules -source

  • Oops!
    Something went wrong.
    Please try again later.
·1 min read
FILE PHOTO: The Apple Inc logo is shown outside the company's 2016 Worldwide Developers Conference in San Francisco
  • Oops!
    Something went wrong.
    Please try again later.

BRUSSELS (Reuters) - Antitrust regulators will on Friday charge iPhone Apple with anti-competitive behaviour by not allowing developers to inform users of other purchasing options outside of apps, a person familiar with the matter said.

European antitrust chief Margrethe Vestager will announce a chargesheet for Apple at 1100 GMT.

Apple's rules regarding its in-app payment system which charges a 30% commission has been the focus of Swedish music streaming service Spotify's complaint to the European Commission.

Bloomberg was the first to report on the in-app payment system issue.

(Reporting by Foo Yun Chee; editing by Jason Neely)