Company Warns of Rising Fraud Risks Apple criticizes the European Union’s digital competition laws. The company states these rules boost fraud and scams. First, the Digital Markets Act forces tech firms to open platforms.
Disruption of User Security
Apple claims that user protection is weakened. Scammers easily exploit the third party app stores. Furthermore, he claims that since the law has started, scam incidences in Europe have gone up tremendously.
EU’s Justifications for the Law
On the other hand, the EU defends the DMA in order to enable competition, arguing that the law allows more choice for the consumer. Yet, according to Apple, these regulations fail to serve these objectives.
Policy Changes Called
In the same breath, Apple is calling for the regulations to be revised for increased security, newer statistics somehow link the DMA with heightened fraud cases. As such, it advocates for better privacy regulations.
Regulatory Responses
In contrast, EU regulators have already asked Apple and the likes about how effective they are in fighting scams. They want Apple to tell them about its anti fraud procedures. The confrontation between the tech giants and lawmakers can be heated.
Apple’s App Store Controls
Meanwhile, Apple tightly regulates the App Store. It vets every app for security threats. Thus, when sideloading becomes available, the treatment will weaken those security shields.
Views from Advocates
On the other hand, the supporters of the DMA see it as a real force for innovation and users will enjoy benefits in the long run. However, Apple asserts that currently the threats outweigh the benefits that may arise in the far future.
