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What’s Up With Apple: EU Could Levy $27 Billion Fine, Record Q2 Sales, and More

The European Commission has formally stated its objections to the way Apple distorts competition in the App Store......»»

Category: blogSource: 247wallstApr 30th, 2021

EU accuses Apple of antitrust violations over App Store rules after Spotify complaint

The European Commission contends the tech giant used its “dominant position” in music streaming distribution to choke competition......»»

Category: topSource: washpostApr 30th, 2021

It"s time to break up Apple"s app store monopoly

Apple's App charges 30% commission on in-app purchases. It's arbitrary and hurts smaller developers. Apple CEO Tim Cook. Photo by Justin.....»»

Category: worldSource: nytApr 21st, 2021

Apple CEO Tim Cook to testify at Apple-Epic trial

Tim Cook, chief executive of Apple Inc. , is among more than a dozen witnesses scheduled to speak on behalf of the company in its federal court trial next month vs. Epic Games Inc. over the 30% commission that Apple charges developers on its App Store. .....»»

Category: topSource: marketwatchApr 14th, 2021

: ‘Fortnite’ maker Epic takes its Apple battle to Brussels

Epic Games, the developer of popular game "Fortnite," said on Wednesday that it had filed an antitrust complaint against Apple with the European Commission......»»

Category: topSource: marketwatchFeb 17th, 2021

Tim Cook will have to sit for a 7-hour deposition, the latest development in the heated lawsuit between Apple and "Fortnite" maker Epic

Tim Cook has been ordered to testify for 7 hours as part of Epic Games' bitter legal battle against Apple that kicked off in August. Apple CEO .....»»

Category: topSource: businessinsiderFeb 1st, 2021

Tim Cook, Craig Federighi ordered to testify in Apple, Epic suit, AI reports

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Category: blogSource: theflyonthewallDec 18th, 2020

Apple spars with EU as $14 billion Irish tax dispute drags on

Apple accused the European Commission of misunderstanding its business on day two of the iPhone maker's appeal against a $14 billion tax order, in a dispute that is key to the EU's drive to collect more taxes but which could also run for years......»»

Category: topSource: reutersSep 18th, 2019

Apple challanges $14B tax charge from European Commission, CNBC reports

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Category: blogSource: theflyonthewallSep 17th, 2019

Apple takes its $14 billion tax fight with the EU to court

Apple challenged a $14 billion tax charge from the European Commission in the EU's second-highest court on Tuesday, escalating the landmark tax fight between the iPhone maker and EU regulator......»»

Category: topSource: moneycentralSep 17th, 2019

Apple takes its $14 billion tax fight with the EU to court

Apple challenged a $14 billion tax charge from the European Commission in the EU's second-highest court on Tuesday, escalating the landmark tax fight between the iPhone maker and EU regulator......»»

Category: topSource: moneycentralSep 17th, 2019

Apple takes fight against 13-billion-euro EU tax order to court

Apple will launch a legal challenge on Tuesday to a European Commission order to pay 13 billion euros ($14.4 billion) in Irish back taxes in a landmark case in the EU's crackdown on tax avoidance by multinational companies......»»

Category: topSource: reutersSep 16th, 2019

KeyBanc Warns Apple Investors: "Spotify Complaint Has Merit"

Streaming music leader Spotify Technology SA (NYSE: SPOT) has filed a complaint with the European Commission accusing Apple Inc. Latest Rat.....»»

Category: blogSource: benzingaMar 13th, 2019

Spotify files antitrust complaint against Apple

Spotify has lodged a complaint with European Union antitrust regulators over the 30 percent commission that Apple takes from third-party developers' revenue on its app store. It follows a similar lawsuit brought to the U.S. Supreme Court......»»

Category: videoSource: reutersMar 13th, 2019

Apple Takes a Step on Payment of Back Taxes to Ireland

Apple Inc. completed an agreement with Ireland that will allow it to transfer roughly about €13 billion into a Dublin escrow account, in a step toward complying with a European Commission order to pay back taxes......»»

Category: smallbizSource: wsjApr 24th, 2018

Apple"s Shazam acquisition subject to "in-depth investigation" by European regulators

The European Commission has begun an "in depth investigation" into Apple Inc.'s plans to acquire music-recognition service Shazam, the commission said in a.....»»

Category: topSource: marketwatchApr 23rd, 2018

EU hits pause on Apple"s Shazam purchase

The European Commission has launched an in-depth investigation into Apple's acquisition of music recognition app Shazam......»»

Category: topSource: cnnApr 23rd, 2018

European Commission clears Apple acquisition of Shazam

The European Commission said in a release Thursday that it had cleared Apple Inc.'s planned acquisition of Sh.....»»

Category: topSource: marketwatchSep 6th, 2018

European Commission clears Apple"s acquisition of Shazam

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Category: blogSource: theflyonthewallSep 6th, 2018

EU to scrap lawsuit against Ireland after Apple pays back taxes

EU antitrust regulators plan to drop legal action against Ireland after iPhone maker Apple paid 13.1 billion euros ($15.3 billion) in back taxes following a regulatory order two years ago, the European Commission said on Tuesday......»»

Category: topSource: reutersSep 18th, 2018