Stock Market News

Match Group Files Antitrust Case Against Apple in India – Reuters

2022.08.24 17:50

Match Group Files Antitrust Case Against Apple in India - Reuters
Match Group (MTCH) Files Antitrust Case Against Apple (AAPL) in India – Reuters

By Sam Boughedda

According to a report from Reuters Wednesday, Match Group (NASDAQ:MTCH) has filed an antitrust case against Apple (NASDAQ:AAPL) with India’s competition regulator.

The Tinder owner has reportedly accused Apple of “monopolistic conduct.” Reuters said it has seen a legal filing that claims Apple forces developers to pay increased commissions for in-app purchases.

The filing by Match adds to various antitrust challenges for Apple, with this being the third case in India.

In a previous filing, Match reportedly argued that Apple’s conduct limits innovation and the development of app developers that offer digital services through its enforcement of the use of its in-app purchase system and “excessive” commission, which is 30%.

In addition, a similar dispute in the Netherlands resulted in Apple paying a EUR 50 million fine and a deal to allow other payment options in Dutch dating applications.

Mark Buse, head of global government relations for Match, reportedly said in the filing that “Apple is therefore leveraging its dominant position in the iOS App Store market, to promote the exclusive use of its own payment solution.”

Source

Related Articles

Leave a Reply

Back to top button
bitcoin
Bitcoin (BTC) $ 75,689.28 0.65%
vested-xor
Vested XOR (VXOR) $ 3,405.08 99,999.99%
ethereum
Ethereum (ETH) $ 2,911.71 3.63%
tether
Tether (USDT) $ 0.999617 0.29%
solana
Solana (SOL) $ 199.09 5.54%
bnb
BNB (BNB) $ 595.92 0.36%
usd-coin
USDC (USDC) $ 0.998735 0.33%
xrp
XRP (XRP) $ 0.551413 1.01%
dogecoin
Dogecoin (DOGE) $ 0.194797 2.42%
staked-ether
Lido Staked Ether (STETH) $ 2,918.44 3.91%
cardano
Cardano (ADA) $ 0.43984 16.44%
tron
TRON (TRX) $ 0.161206 0.57%
wrapped-steth
Wrapped stETH (WSTETH) $ 3,463.40 3.93%
the-open-network
Toncoin (TON) $ 4.93 1.04%
avalanche-2
Avalanche (AVAX) $ 28.03 4.27%
wrapped-bitcoin
Wrapped Bitcoin (WBTC) $ 75,820.31 0.91%
shiba-inu
Shiba Inu (SHIB) $ 0.000019 0.66%
weth
WETH (WETH) $ 2,913.68 3.67%
chainlink
Chainlink (LINK) $ 13.20 7.73%
bitcoin-cash
Bitcoin Cash (BCH) $ 372.26 1.33%
sui
Sui (SUI) $ 2.28 0.45%
polkadot
Polkadot (DOT) $ 4.31 5.39%
leo-token
LEO Token (LEO) $ 6.40 1.97%
usds
USDS (USDS) $ 0.983706 1.35%
litecoin
Litecoin (LTC) $ 71.81 1.24%
wrapped-eeth
Wrapped eETH (WEETH) $ 3,061.32 3.62%
uniswap
Uniswap (UNI) $ 8.72 3.23%
near
NEAR Protocol (NEAR) $ 4.28 3.01%
aptos
Aptos (APT) $ 9.63 0.14%
pepe
Pepe (PEPE) $ 0.000011 3.91%
internet-computer
Internet Computer (ICP) $ 7.85 3.08%
bittensor
Bittensor (TAO) $ 497.85 3.00%
fetch-ai
Artificial Superintelligence Alliance (FET) $ 1.37 1.24%
dai
Dai (DAI) $ 0.998788 0.41%
stellar
Stellar (XLM) $ 0.101621 3.09%
ethereum-classic
Ethereum Classic (ETC) $ 20.17 1.69%
monero
Monero (XMR) $ 163.62 0.82%
crypto-com-chain
Cronos (CRO) $ 0.108561 24.91%
ethena-usde
Ethena USDe (USDE) $ 1.00 0.24%
polygon-ecosystem-token
POL (ex-MATIC) (POL) $ 0.371207 8.70%
whitebit
WhiteBIT Coin (WBT) $ 19.56 1.11%
kaspa
Kaspa (KAS) $ 0.111366 5.01%
aave
Aave (AAVE) $ 177.54 1.63%
blockstack
Stacks (STX) $ 1.65 0.47%
okb
OKB (OKB) $ 40.15 0.08%
first-digital-usd
First Digital USD (FDUSD) $ 0.995824 0.77%
dogwifcoin
dogwifhat (WIF) $ 2.30 1.46%
filecoin
Filecoin (FIL) $ 3.82 2.76%
arbitrum
Arbitrum (ARB) $ 0.576208 1.13%
mantle
Mantle (MNT) $ 0.655219 2.80%