Russia says Apple violates antitrust laws


Logo of an Apple store is seen as Apple Inc. reports fourth quarter earnings in Washington, U.S., January 27, 2022. REUTERS/Joshua Roberts

Register now for FREE unlimited access to Reuters.com

July 19 (Reuters) – Russia’s competition authority said on Tuesday that U.S. tech giant Apple is in violation of the country’s antitrust laws due to its dominant position in the app store market.

In a statement, the federal anti-monopoly service (FAS) said it would levy a turnover-based fine against Apple, the size of which would be determined during the course of an investigation.

Register now for FREE unlimited access to Reuters.com

Reporting by Reuters

Our Standards: The Thomson Reuters Trust Principles.



Source link

Previous articleUSA finance and economy live updates: CPI report, Social Security, bitcoin, inflation, interest rates, Dollar – AS USA
Next articleEd-Tech and Smart Classroom Market Review 2022 | International Vendors are Apple Inc. Cisco Crop. and Microsoft Crop.