Global

Spain Launches Antitrust Probe Into Apple’s App Store Practices

Spain’s antitrust regulator, the CNMC, announced on Wednesday that it has initiated an investigation into Apple’s app store practices, citing potential anti-competitive behavior.

The regulator alleged that Apple may have imposed unequal commercial conditions on mobile app developers, which could be considered a serious violation of competition law. If found guilty, Apple could face a fine of up to 10% of its global revenues.

The CNMC’s investigation is aimed to determine whether Apple’s practices have hindered competition and innovation in the mobile app market.

The regulator’s statement highlighted the potential severity of the violation, emphasising the need for a thorough examination of Apple’s business practices.

Boluwatife Enome

Follow us on:

Boluwatife Enome

Recent Posts

House Deputy Speaker Kalu Says Governors Receptive To Proposed Constitution Amendments

Benjamin Kalu has revealed that Nigerian governors are supportive, committed to reviewing the 161 proposed…

2 mins ago

NNPC Plans High Integrity, Low Security Risk Pipeline Network to Combat Vandalism, Drive Sustainability

NNPC has announced plans for modern pipeline systems with fibre optics, geo-tagging, and private investment…

5 mins ago

Zenith Bank Awards N77.5 Million at Hackathon Finalists for Tech Startups at Fourth Annual Tech Fair

The Zenith Tech Fair 4.0 ended with a sum of N77.5 million being given to…

7 mins ago

Edo Assembly Partners Netherlands, CDCI, ICMPD to Tackle Human Trafficking in Transport Sector

Edo State’s legislation has pledged a partnership with the Netherlands to strengthen laws combating trafficking…

8 mins ago

Lagos State’s N3 Trillion 2025 Budget Prioritises Tourism, Infrastructure, Economic Growth

Lagos state has earmarked N3 trillion for its 2025 budget, prioritising tourism, infrastructure, social inclusion,…

12 mins ago

Our Reforms Are yielding Positive Results, We Will Provide Social Safety Nets to Cushion Hardships, Tinubu Tells IMF

Tinubu has assured the IMF that his reforms are bearing positive results, vowing to prioritise…

16 mins ago