Apple pays US$12.1 million fine for alleged app market abuse in Russia: Antimonopoly Service

  • 📰 ChannelNewsAsia
  • ⏱ Reading Time:
  • 17 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 66%

Business News News

Business Business Latest News,Business Business Headlines

MOSCOW: US tech giant Apple has paid a 906 million rouble (US$12.12 million) fine in a Russian antitrust case alleging abuse of its dominance in the mobile apps market, Russia's Federal Antimonopoly Service (FAS) said on Monday. Apple, which did not immediately respond to a request for comment, has previou

MOSCOW: US tech giant Apple has paid a 906 million rouble fine in a Russian antitrust case alleging abuse of its dominance in the mobile apps market, Russia's Federal Antimonopoly Service said on Monday.

The FAS determined in August 2020 that Apple had abused its dominant position, then issued a directive requiring Apple to remove provisions giving it the right to reject third-party apps from its App Store. "Apple has paid a 906 million rouble antitrust fine," the FAS said in a statement on its Telegram channel.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

DOJNatSec Is Apple in violation of sanctions for this payment? NAFO

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 6. in BUSÄ°NESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Apple pays $12.1 million fine for alleged app market abuse in Russia - Antimonopoly ServiceMOSCOW :U.S. tech giant Apple has paid a 906 million rouble ($12.12 million) fine in a Russian antitrust case alleging abuse of its dominance in the mobile apps market, Russia's Federal Antimonopoly Service (FAS) said on Monday.Apple, which did not immediately respond to a request for comment, has previously
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »