EU Joins FTC Apple Probe

The European Commission has joined the ongoing US Federal Trade Commission (FTC) investigation into Apple's allegedly monopolistic business strategies.

According to sources cited by the New York Post, EU regulators are investigating the policies imposed by Apple on its developers, hinting at a future anti-trust litigation.

With EU regulators joining the probe, the investigation is most likely to stretch for another 5 to 6 months, the sources said.

Following the investigation, the FTC will announce whether Apple's business strategies harm competition, and if they do, describe the course of action it will take to deal with the situation.

The FTC decided to investigate Apple for a possible anti-trust violation after the company banned its developers from using third party software to create applications for its platforms.

This meant that developers could not use software compilers offered by software manufacturers, such as Adobe.

Apple has said that its strategy is within its rights and is essential to maintaining a high standard of application available on its platforms.

404

Sorry! Page not found.

The article you requested has either been moved or removed from the site.