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...
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...
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...
by AIP Online Bureau | Oct 6, 2023 | Eco/Invest/Demography, International News, Non-Life, Regulation, Reinsurance, Technology
The Korea Communications commission has decided to impose a fine of 47.5 billion won on Google and 20.5 billion won on Apple based on the judgment that they violated the country’s revised Telecommunications Business Act by abusing their monopoly power to force...
by AIP Online Bureau | Sep 16, 2023 | International News, Policy, Regulation, Risk Management, Technology
The French move raised the prospect of further bans in Europe. Germany’s network regulator BNetzA said it might launch similar proceedings and was in close contact with French authorities, while Spain’s OCU consumers’ group urged authorities there to halt the sales of...