Regulatory Clouds Are Mounting Over Apple [Yahoo! Finance]
Apple Inc. (AAPL)
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Source: Yahoo! Finance
software developers from telling customers how to access content outside the app store. Regulators also revealed that they opened a separate investigation into Apple's practice of charging a "core technology fee" for iOS apps available in the EU. Apple responded that it is confident that the changes it made in the EU comply with the DMA. Meanwhile, in the U.S., Apple is defending itself against antitrust charges made by the US Justice Department and 16 state attorneys general. In March, they sued Apple for using illegal tactics to hold on to a monopoly in the smartphone market. The new law designed to rein in tech giants and limit their power is already starting to give Big Tech legal headaches. The Digital Markets Act that went into effect in March aims to limit the monopoly power that Apple, Amazon (NASDAQ: AMZN ) Alphabet (NASDAQ: GOOG )(NASDAQ: GOOGL ), Microsoft Corporation (NASDAQ: MSFT ), ByteDance, and Meta (NASDAQ: META ) enjoy by imposing more restrictive rules around
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AAPL
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- 5/30/24 - Form 144
- 5/17/24 - Form 4
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