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Spain's antitrust watchdog opens investigation into Apple's app storeThe CNMC, as the regulator is known, said Apple may have incurred in anticompetitive practices when imposing unequal commercial conditions on developers of mobile applications sold at its app store.
Reuters
Last Updated IST
<div class="paragraphs"><p>Apple logo.</p></div>

Apple logo.

Credit: Reuters File Photo

Madrid: Spain's antitrust regulator said on Wednesday it had opened an investigation into possible anti-competitive behaviour by Apple's app store.

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The CNMC, as the regulator is known, said Apple may have incurred in anticompetitive practices when imposing unequal commercial conditions on developers of mobile applications sold at its app store.

The practices could be considered a very serious violation of the competition law and thus could be punished by a fine worth as much as 10 per cent of the company's global revenues, CNMC said in a statement.

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(Published 24 July 2024, 15:03 IST)