Apple Inc. has initiated legal proceedings to overturn a €1.8 billion ($1.9 billion) fine imposed by the European Union for allegedly restricting fair competition in the music streaming market. he tech giant filed a suit at the EU’s General Court in Luxembourg, aiming to nullify the decision made by the European Commission in March. This […]
Continue Reading
The United States Department of Justice (DOJ) has initiated legal proceedings against technology giant Apple Inc., alleging antitrust violations within its ecosystem. The lawsuit, filed in a New Jersey federal court, contends that Apple’s dominant position in the smartphone market has resulted in detrimental consequences for consumers, developers, and competitors alike. At the heart of […]
Continue Reading
In a recent development within the tech industry, Margrethe Vestager, the European Union’s antitrust chief, has raised concerns regarding the fee structures implemented by tech giants Apple and Meta Platforms (formerly Facebook). Vestager’s warnings highlight potential obstacles these fees may pose to the objectives of the Digital Markets Act (DMA), aimed at fostering competition and […]
Continue Reading
The European Union’s recent decision to impose a substantial antitrust fine on tech giant Apple marks a significant development in the ongoing debate surrounding competition within the digital marketplace. Stemming from a complaint lodged by music streaming service Spotify, the fine underscores the EU’s commitment to upholding fair competition and curbing anti-competitive practices in the […]
Continue Reading
In a bid to assert regulatory control and ensure compliance with the Digital Markets Act (DMA), Margrethe Vestager, the European Union’s antitrust chief, recently held meetings with key figures from major tech corporations. The discussions, documented through social media posts, centered around crucial aspects of digital regulation, competition policies, and ongoing antitrust cases. Among the […]
Continue Reading
Mercado Libre (“Meli”), the Latin American e-commerce and financial services giant, filed antitrust complaints against Apple in these two countries alleging anticompetitive behavior around Apple’s policies and practices in its App Store. The Primary Restrictions Imposed by Apple Mercado Libre’s complaints focus on two key restrictions imposed by Apple that, according to the company, undermine […]
Continue Reading
Spain’s antitrust watchdog, known as the CNMC, levied substantial fines on global tech giants Amazon and Apple. The regulatory authority found evidence of collusive behavior between the two companies, specifically in relation to limiting the online sale of Apple devices and stifling competition in Spain’s electronic device market. The CNMC’s investigation revealed that the contracts […]
Continue Reading
A top Democratic lawmaker on antitrust issues said Tuesday a bill aimed at reining in the market power of Big Tech platforms like Amazon.com and Alphabet’s Google had the votes to pass the both chambers of Congress in the next few weeks, Reuters reported. On the sidelines of an event to rally support for measures before the […]
Continue Reading
Apple and Google, and the Australian industry group advocating for tech giants have unsurprisingly raised concerns about the proposed measures that were outlined in the Australian Competition and Consumer Commission’s (ACCC) discussion paper for the Digital Platforms Services inquiry, ZDNet reported on Monday, May 9. In its discussion paper that was published in February, the country’s competition […]
Continue Reading
The European Commission sent today, May 2, a statement of objections to Apple with the preliminary view that the company has abused its dominant position for mobile wallets on iOS devices. The EU regulator alleged that by limiting access to standard technology used for contactless payments with mobile devices in stores — Near-Field Communication (NFC) […]
Continue Reading