Did you know that the European Commission (EC) recently wrapped up its long-running antitrust inquiry into Apple’s enforcement of rules regarding third-party e-book and audiobook app developers? Have you heard that this investigation, initiated in 2020 following complaints about Apple’s in-app payment system and anti-steering practices, has now been closed without any further action? What do you think about the fact that an undisclosed complainant withdrew their complaint, leading to the probe being shut down?
In a separate probe related to music-streaming apps, Apple faced a hefty $2 billion fine in March. How do you feel about these developments in the tech industry? Remember the closure of an investigation does not necessarily mean that the conduct in question complies with EU competition rules. What are your thoughts on these regulatory actions against big tech companies?
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