German antitrust regulator opens door for curbs on Apple
Germany’s antitrust regulator is considering implementing measures to limit Apple’s market dominance, as it has determined Apple to be a “company of paramount significance for competition across markets”, according to a statement released Wednesday.
Andreas Mundt, the Bundeskartellamt President, stated that the regulator may target practices “that pose a threat to competition and practices and effectively prevent them” based on this determination.
Apple intends to appeal this decision and will continue working with the cartel office to understand its concerns. An Apple spokesperson noted that the regulator’s designation discounts the fierce competition Apple faces in Germany, and it overlooks the importance of Apple’s user privacy and security-centric business model.
Germany’s competition watchdog has already declared Google’s Alphabet and Facebook’s Meta as companies of paramount significance for competition.
The Federal Government is expected to hit the $31.4 Billion Debt Ceiling in May or June.
Former President Trump has pleaded not guilty to all 34 felony counts against him.
OpenAI may face legal action from a regional Australian mayor if it fails to remedy ChatGPT’s false information.
Uber has partnered with Tembici, a Brazilian bike-sharing company, to offer electric and standard bicycles to users.
Foxconn, the world’s largest contract electronics manufacturer and a major assembler for Apple, has announced its plans to make electric vehicles.
Italy’s antitrust authority has opened an investigation into Meta Platforms over possible abuse of its dominant position.
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