EU Drops Probe of Apple's Treatment of Rival Audiobook, Ebook Developers in App Store
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The European Commission has ended its investigation into Apple's treatment of rival audiobook and ebook developers on the App Store. This decision follows the withdrawal of a complaint by a rival developer, which initiated the probe in 2020.
November 22, 2024 | 12:15 pm
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The European Commission has ceased its investigation into Apple's App Store practices concerning audiobook and ebook developers. This follows the withdrawal of a complaint by a rival developer.
The closure of the EU investigation removes a potential regulatory hurdle for Apple, which could have led to fines or changes in App Store policies. This is likely to be seen as positive news by investors, potentially boosting Apple's stock price in the short term.
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