Apple loses German antitrust appeal, opening door for greater controls

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Apple lost an appeal on Tuesday against a regulatory assessment that opens the iPhone maker up to stricter controls in Germany, the Federal Court of Justice ruled on Tuesday, following years of debate over the company’s market position.

Federal judges backed the German cartel office’s 2023 designation of Apple as a “company of paramount cross-market significance for competition”.

With that, Apple joins Google parent Alphabet and Facebook owner Meta on Germany’s growing list of tech giants subject to possible measures curbing their dominance.

Apple…



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Apple loses German antitrust appeal, opening door for greater controls


Apple lost an appeal on Tuesday against a regulatory assessment that opens the iPhone maker up to stricter controls in Germany, the Federal Court of Justice ruled on Tuesday, following years of debate over the company’s market position.

Federal judges backed the German cartel office’s 2023 designation of Apple as a “company of paramount cross-market significance for competition”.

With that, Apple joins Google parent Alphabet and Facebook owner Meta on Germany’s growing list of tech giants subject to possible measures curbing their dominance.

Apple…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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