Apple loses legal battle against European Union

Apple Inc. lost its legal appeals before the European courts against the classification of its app stores and its iOS operating system as "gatekeeper" platforms under strict digital market regulations designed to boost competition and open the market to rivals. The tech giant faces fines of up to 10% of its annual revenues if it breaches the directives, while the European Court upheld the European Commission's measures in an attempt to break Apple's dominance in the app and service markets.

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