Suara Malaysia
ADVERTISEMENTFly London from Kuala LumpurFly London from Kuala Lumpur
Saturday, November 23, 2024
More
    ADVERTISEMENTFly London from Kuala LumpurFly London from Kuala Lumpur
    HomeTechRussian court rejects Apple appeal against abuse of dominant market position -...

    Russian court rejects Apple appeal against abuse of dominant market position – RIA

    -

    Fly AirAsia from Kuala Lumpur

    (Reuters) – A Russian court has rejected Apple’s appeal against the alleged abuse of its dominant market position in terms of in-app payments, for which it was fined 1.2 billion roubles ($12.1 million) in January, according to the RIA news agency.

    Apple did not immediately respond to an emailed request for comment.

    In January, Russia’s federal anti-monopoly service (FAS) fined Apple for what it claimed was the U.S. company’s abuse of its dominant market position. The regulator stated that Apple had forced Russian developers to utilize Apple’s payment services with the iOS App Store, violating Russia’s competition rules.

    The FAS’s decision came into effect in May after receiving approval from a Moscow court. Apple had appealed both the decision and the fine.

    Since January, the rouble has depreciated significantly. Consequently, the fine has decreased by over $5 million in dollar terms.

    The current exchange rate is $1 = 99.1990 roubles.

    Reuters is responsible for reporting this story. It has been edited by Mark Trevelyan.



    Credit: The Star : Tech Feed

    Suara
    Suarahttps://www.suara.my
    Tech enthusiast turning dreams into reality, one byte at a time 🚀

    Related articles

    ADVERTISEMENTFly London from Kuala Lumpur

    Subscribe to Newsletter

    To be updated with all the latest news, offers and special announcements.

    Latest posts