Business
Apple probed over Italy app market dominance
Italy’s antitrust regulator on Thursday, May 11th, opened an investigation into tech giant, Apple, for allegedly abusing a dominant position in the apps market.
The Silicon Valley titan “has adopted a more restrictive privacy policy for third-party app developers than it applies to itself,” the competition watchdog said in a statement.
It said it was also concerned third-party developers and advertisers were “disadvantaged in terms of the quality of the data made available by Apple”.
The “alleged discriminatory conduct” could cause a drop in advertising revenues of third-party advertisers and prevent competitors from entering or remaining in the app development and distribution market, benefiting Apple’s own apps, it added.
Apple reported profit of $24 billion on revenue of $94.8 billion in the first three months of this year.
The business practices of US big tech companies have come under growing scrutiny in Europe, leading to huge fines and legislation to curb their market dominance.
AFP
Finnish Police: Simon Ekpa’s Offence Not Bailable
NAFDAC Uncovers Production Site For ‘Counterfeit’ Alcoholic Beverages In Lagos
LG Autonomy: Better To Have 774 Thieves In Nigeria Than Just One Stealing All – Oshiomhole
-
Health2 days agoDeath Toll From Niger State Boat Mishap Rises To 54
-
AFRICA FOCUS2 days agoIPOB Disowns Purported Declaration Of Biafran Republic In Finland
-
News1 day agoEPL : Liverpool whip Man City 2-0, go nine points clear
-
Economy1 day agoFCT Workers Begins Indefinite Strike Over Non-Implementation Of Minimum Wage
-
News2 days agoNigeria Cannot Afford Another Civil War– Gowon
-
Infrastructure1 day agoLagos-Sango-Ota Road To Be Reopened Within 10 Days -FG
-
News3 hours agoFA CUP: Arsenal draw Man United in third round
-
News2 hours agoLG Autonomy: Better To Have 774 Thieves In Nigeria Than Just One Stealing All – Oshiomhole