EU regulators scrap probe into Apple's e-book rules after complaint was withdrawn
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EU antitrust regulators have closed a four-year investigation into Apple's e-book and audiobook app rules after the complaint was withdrawn.
November 22, 2024 | 11:45 am
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POSITIVE IMPACT
The closure of the EU investigation into Apple's e-book rules is a positive development for the company, as it removes a potential regulatory hurdle.
The closure of the investigation removes a potential regulatory risk for Apple, which could have led to fines or changes in business practices. This is likely to be seen positively by investors, potentially boosting the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100