• Latest
  • Trending
  • All
Apple hit with German antitrust probe over app store

Apple hit with German antitrust probe over app store

June 22, 2021 10:45
Dollar lacks upside momentum due to lower Treasury yields

Dollar regains ground after a three-day sell-off

May 18, 2022 06:09
Chinese data spooks investors, sentiment turns sour

Stock markets turn directionless after a bounce

May 18, 2022 05:08
Dollar lacks upside momentum due to lower Treasury yields

Currencies enjoy a bounce amid a weaker USD

May 17, 2022 06:51
Sentiment turns sour, dollar steadies ahead of the weekend

USD gives up gains as risk sentiment improves further

May 17, 2022 04:52
Dollar lacks upside momentum due to lower Treasury yields

Dollar off tops but resilient

May 16, 2022 05:44
Stocks mostly lower despite upbeat economic data

Markets failed to extend the bounce, back under pressure

May 16, 2022 04:38
Dollar lacks upside momentum due to lower Treasury yields

Dollar refrains from a deeper retreat

May 13, 2022 06:04
Dollar lacks upside momentum due to lower Treasury yields

The greenback seems unstoppable

May 12, 2022 06:34
Risk sentiment looks mixed, dollar retreats marginally

Dollar at fresh highs while stock markets keep bleeding

May 12, 2022 06:21
Dollar lacks upside momentum due to lower Treasury yields

Dollar bulls take a pause, US data eyed

May 11, 2022 07:22
Stocks continue to give up gains ahead of US jobs data

Stocks bounce ahead of US inflation report

May 11, 2022 07:09
Dollar lacks upside momentum due to lower Treasury yields

Dollar holds steady after local correction

May 10, 2022 10:16
  • Terms & Сonditions
  • Contact
Wednesday, May 18, 2022
FWNews - pulse of the forex market
  • FUNDAMENTALS
    Chinese data spooks investors, sentiment turns sour

    Stock markets turn directionless after a bounce

    Sentiment turns sour, dollar steadies ahead of the weekend

    USD gives up gains as risk sentiment improves further

    Stocks mostly lower despite upbeat economic data

    Markets failed to extend the bounce, back under pressure

    Risk sentiment looks mixed, dollar retreats marginally

    Dollar at fresh highs while stock markets keep bleeding

    Stocks continue to give up gains ahead of US jobs data

    Stocks bounce ahead of US inflation report

    Investors stay nervous as tensions escalate

    Markets look for rebound after a major sell off

    Stock markets rebound on strong corporate earnings

    Recession worries keep markets on the defensive

    A mixed start to the week in the global markets

    Markets a sea of red ahead of US jobs data

    Geopolitics pushes global markets south, dollar bulls back in the game

    Post-Fed rally fades, USD recovers

  • TECHNICALS
  • Interest Rates
  • Economic calendar
  • Backstage
No Result
View All Result
FWNews - pulse of the forex market
  • FUNDAMENTALS
    Chinese data spooks investors, sentiment turns sour

    Stock markets turn directionless after a bounce

    Sentiment turns sour, dollar steadies ahead of the weekend

    USD gives up gains as risk sentiment improves further

    Stocks mostly lower despite upbeat economic data

    Markets failed to extend the bounce, back under pressure

    Risk sentiment looks mixed, dollar retreats marginally

    Dollar at fresh highs while stock markets keep bleeding

    Stocks continue to give up gains ahead of US jobs data

    Stocks bounce ahead of US inflation report

    Investors stay nervous as tensions escalate

    Markets look for rebound after a major sell off

    Stock markets rebound on strong corporate earnings

    Recession worries keep markets on the defensive

    A mixed start to the week in the global markets

    Markets a sea of red ahead of US jobs data

    Geopolitics pushes global markets south, dollar bulls back in the game

    Post-Fed rally fades, USD recovers

  • TECHNICALS
  • Interest Rates
  • Economic calendar
  • Backstage
No Result
View All Result
FWNews - pulse of the forex market
No Result
View All Result

Home » Apple hit with German antitrust probe over app store

Apple hit with German antitrust probe over app store

by FWNews
June 22, 2021 10:45
in News
0
Apple hit with German antitrust probe over app store

Germany’s antitrust regulator said Monday that it has opened a far-reaching investigation into whether Apple uses its wide variety of products to squash competition, adding to the company’s regulatory woes. 

Germany’s Federal Cartel Office — which has also opened investigations into Facebook, Amazon and Google so far this year — will use its investigative powers to see if Apple is engaging in “anti-competitive practices” across its various business lines, the regulator said. 

“A main focus of the investigations will be on the operation of the App Store as it enables Apple in many ways to influence the business activities of third parties,” said Federal Cartel Office President Andreas Mundt in a statement. “We will, among other aspects, examine its extensive integration across several market levels, the magnitude of its technological and financial resources and its access to data.”

Apple did not immediately reply to a request for comment. 

The Federal Cartel Office, known as the Bundeskartellamt in German, was equipped by legislators with robust new investigate powers that took effect in January, giving the agency new firepower to take on US tech giants. 

Apple logo

Apple is also facing an antitrust investigation from the European Union.
Getty Images
The German regulator said that Apple has “created a digital ecosystem around its iPhone that extends into several markets,” citing hardware like the iPad and Apple Watch as well as other services like the App Store, Apple Music and Apple TV+. The company’s presence in such a wide range of industries could run afoul of competition rules, according to the regulator.  

Apple is also facing an antitrust investigation from the European Union over the company’s practice of forcing developers to use its own payments system for purchases made within apps, charging fees of up to 30 percent. 

The question of in-app payments is also at the center of the US legal battle between Fortnite maker Epic Games and Apple. A verdict in that trial is expected in the coming weeks. 

The German regulator said that Apple has “created a digital ecosystem around its iPhone that extends into several markets,” citing hardware like the iPad and Apple Watch as well as other services like the App Store, Apple Music and Apple TV+.
AFP via Getty Images
Germany’s Federal Cartel Office said it reviewed complaints from app developers over Apple’s payment policies and that the company could address the issue in a possible future proceeding. 

Other subjects of possible proceedings include Apple’s restriction of user tracking introduced with iOS 14.5, the company’s practice of pre-installing its own apps on its devices and marketing restrictions for third-party developers within Apple’s app store, the German regulator said. 

Share2Tweet1
ADVERTISEMENT
FWNews

FWNews

Track the pulse of the market

Related Posts

Dollar lacks upside momentum due to lower Treasury yields
Technical analysis

Dollar regains ground after a three-day sell-off

May 18, 2022 06:09
13
Chinese data spooks investors, sentiment turns sour
Fundamental analysis

Stock markets turn directionless after a bounce

May 18, 2022 05:08
11
Dollar lacks upside momentum due to lower Treasury yields
Technical analysis

Currencies enjoy a bounce amid a weaker USD

May 17, 2022 06:51
15
Sentiment turns sour, dollar steadies ahead of the weekend
Fundamental analysis

USD gives up gains as risk sentiment improves further

May 17, 2022 04:52
13
Dollar lacks upside momentum due to lower Treasury yields
Technical analysis

Dollar off tops but resilient

May 16, 2022 05:44
18
Stocks mostly lower despite upbeat economic data
Fundamental analysis

Markets failed to extend the bounce, back under pressure

May 16, 2022 04:38
16

Leave Your Opinion Cancel reply

Your email address will not be published. Required fields are marked *

Recommended

Pound corrects higher due to dollar weakness

Dollar pares some gains to end the week

February 5, 2021 06:09
16
The legal authority for some F.B.I. surveillance tools expires next week, and law enforcement officials and lawmakers are divided.

Trump Meets With Key Republicans Amid Stalemate Over Surveillance Laws

March 3, 2020 10:07
18
Pound corrects higher due to dollar weakness

Dollar steadies after another rally

October 7, 2021 07:06
17

Ads

Shneider Electric

Most Popular

A slow start to the week in FX markets
Technical analysis

Dollar regains ground to start the week

January 25, 2021 07:25
118
A slow start to the week in FX markets
Technical analysis

Greenback advances modestly amid strong data

May 28, 2021 07:38
110
Kim Jong Un reportedly says his nuclear weapons guarantee there will be no more war
News

Kim Jong Un reportedly says his nuclear weapons guarantee there will be no more war

July 28, 2020 08:29
95
FWNews

Copyright © 2020 FWNews

  • Terms & Сonditions
  • Contact
No Result
View All Result
  • FUNDAMENTALS
  • TECHNICALS
  • Interest Rates
  • Economic calendar
  • Backstage

Copyright © 2020 FWNews