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Google, Apple breakups on the agenda as global regulators target tech

Google, Apple breakups on the agenda as global regulators target tech

by AIP Online Bureau | Mar 25, 2024 | Eco/Invest/Demography, International News, Policy, Regulation, Risk Management, Technology

That in turn could inspire watchdogs around the world to pile on, as evidenced in the growing number of antitrust probes in various countries following the opening of EU and U.S. cases. Since AT&T was broken up exactly 40 years ago, no company has faced the...
Apple, Meta, Google set to face EU Digital Markets Act probes, sources say

Apple, Meta, Google set to face EU Digital Markets Act probes, sources say

by AIP Online Bureau | Mar 22, 2024 | Eco/Invest/Demography, International News, Regulation, Risk Management, Technology

Digital Markets Act breaches could cost the companies as much as 10% of their global annual turnover. The landmark EU tech rule requires the companies to give users and rivals more choices to ensure a level playing field Apple, Meta Platforms and Alphabet’s...
US sues Apple, alleging it illegally monopolized the smartphone market

US sues Apple, alleging it illegally monopolized the smartphone market

by AIP Online Bureau | Mar 21, 2024 | Eco/Invest/Demography, International News, Regulation, Risk Management, Technology

The Justice Department said Apple charges as much as $1,599 for an iPhone and makes larger profits than any others in the industry. Officials also said that Apple charges various business partners — from software developers to credit card companies and even its rivals...
US sues Apple, alleging it illegally monopolized the smartphone market

Apple fined nearly USD 2 billion by the European Union over music streaming competition

by AIP Online Bureau | Mar 4, 2024 | Eco/Invest/Demography, International News, Regulation, Risk Management, Technology

Apple banned app developers from ”fully informing iOS users about alternative and cheaper music subscription services outside of the app”, said the European Commission, the 27-nation bloc’s executive arm and top antitrust enforcer The European Union...
US sues Apple, alleging it illegally monopolized the smartphone market

Apple starts paying iPhone users as part of $500 mn ‘Batterygate’ settlement

by AIP Online Bureau | Jan 7, 2024 | International News, Risk Management, Technology

Apple in 2020 agreed to pay up to $500 million to settle a class-action lawsuit in the US that accused the iPhone maker of “secretly throttling” some iPhone models San Francisco: Apple has started sending payments to the affected iPhone users as part of...
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