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France fines Apple $162 million for privacy tool overreach [Fortune]

Apple Inc. (AAPL) More Company Research Source: Fortune

Last apple inc. earnings: 4/30 04:30 pm Check Earnings Report

US:NASDAQ Investor Relations: investor.apple.com

The watchdog said the way Apple implemented its App Tracking Transparency (ATT) software was “neither necessary nor proportionate to the company's stated goal to protect user data” and also penalised third-party publishers. In addition to the fine, Apple will have to publish the decision on its website for seven days. Authorities in Germany, Italy, Romania and Poland have opened similar probes over ATT, which Apple promotes as a privacy safeguard. The feature, introduced by Apple in 2021, requires apps to obtain user consent through a pop-up window before tracking their activity across other apps and websites. If they decline, the app loses access to the user's advertising identifier, which enables ad targeting. Critics have accused Apple of using the system to promote its own advertising services while restricting competitors. In its decision, France's Competition Authority said the ATT feature leads to an excessive number of consent windows for third-party apps on iPhon [Read more]

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