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...However, the move also cuts off a route to developers seeking to avoid the 30 per cent commission fees that Apple charges for purchases made through its App Store....
...The Commission will say Apple’s actions are illegal and go against the bloc’s rules that enforce competition in the single market, the people familiar with the case told the Financial Times....
...The move comes as Apple faces pressure from regulators, courts and rivals around the world over the way it runs the iPhone, putting its $85bn a year services revenue at risk....
...George Washington University Law School....
...The Federal Trade Commission, another US competition regulator, has sued Amazon, alleging it illegally uses monopoly power to overcharge consumers and exploit sellers, and is pursuing a case that aims to...
...Apple announced on Friday that it has granted Epic Games access to its App Store, under pressure from the European Commission which was probing the iPhone-maker over its decision to block the game developer...
...The moves come after the commission hit Apple with a €1.8bn fine for preventing music streaming apps such as Spotify from informing users about cheaper deals....
...The commission also said it had factored in the consideration that “Apple submitted incorrect information” during the process....
...The commission added that it was also evaluating whether Apple’s actions might have breached other EU laws....
...The Morgan Stanley report gets to the heart of why the justice department and Federal Trade Commission often miss their targets....
...Apple headed off the shareholder initiative — and the potential embarrassment of a shareholder vote against it — by meeting the investors and promising to commission a report as they requested....
...Apple said it spent “months in conversation with the European Commission” about the DMA, and that its plan reflects the work of “hundreds of Apple team members who spent tens of thousands of hours” on the...
...The company’s position in Apple was worth $174bn at the end of the year, according to a filing with the Securities and Exchange Commission on Wednesday....
...“I think the judge was intrigued with that issue during the trial,” said Bill Kovacic, a former Federal Trade Commission chair and competition professor of law and policy at George Washington University...
...By working outside of Apple’s app store, the apps are also able to avoid the iPhone maker’s 30 per cent commission on digital purchases....
...In 2016, the European Commission ordered the company to pay billions of euros of back taxes. Its effective tax rate has fallen since then....
...Apple is also feeling the heat on the other side of the Atlantic....
...The International Trade Commission ruled in October that Apple was violating Masimo’s patents with the latest versions of its Watch, prompting the company to pull the devices from its online and physical...
...Samsung meanwhile has overtaken Apple as the leading global smartphone supplier....
...The US Securities and Exchange Commission has put on hold a rule that for the first time required company disclosures on climate risks, a setback for what had been one of the agency’s most long-awaited and...
...Slap on the wrist The European Commission is set to slap Apple with a fine of around €500mn for the first time ever, but the tech giant’s rivals say the amount is far too low, and even a much bigger fine...
...Separately, the Federal Trade Commission has also sued Amazon. It was the landmark case....
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