Apple has been fined $2 Billion by the European Union over its App Store practices.

Apple has been fined by the European Union over its App Store practices. The tech giant is preparing to allow “sideloading,” which will enable iPhone users to bypass the App Store and download apps from elsewhere. This move will breach the walled-off ecosystem that Apple has protected since the iPhone’s launch in 2007. The EU represents 7% of the global App Store revenue. The fine and the changes to the App Store practices come amid growing scrutiny over Apple’s business practices and their impact on competition.

Read more at: www.nytimes.com