Apple Inc. (NASDAQ:AAPL) shares are trading lower Wednesday. The National Commission for Markets and Competition (CNMC) is investigating Apple for possible violations of Spanish and EU competition laws.
Apple is under investigation for potentially imposing unfair trading conditions on developers using its App Store.
The investigation, which was initiated due to the growing significance of app store activities in Spain, has a maximum duration of 24 months.
Read: Apple iPhone Settlement Deadline Extended: Users Get Extra Time To File Claims To Get Up To $349
If confirmed, Apple's conduct could breach Article 2 of the Defense of Competition (LDC) and Article 102 of the Treaty on the Functioning of the European Union (TFEU), potentially resulting in fines of up to 10% of the companies' global turnover from the previous year.
In March this year, a case filed in the Northern District of California claimed that Apple is imposing "surgical" restrictions that prevent customers from effectively using any service except its iCloud storage system.
On Tuesday, Apple said that it is planning to integrate its A18 chip into its upcoming entry-level iPhones and iPads in order to make them capable of running Apple Intelligence, the company's suite of AI features.
AAPL stock gained over 15% in the last twelve months. Investors can gain exposure to the stock via ETF Opportunities Trust T-Rex 2X Long Apple Daily Target ETF (BATS:AAPX) and Fidelity MSCI Information Technology Index ETF (NYSE:FTEC).
Read: Apple Hit With Class-Action Lawsuit Over Alleged Unequal Pay For Women
Price Action: AAPL shares are down 2.96% at $218.36 at the last check Wednesday.
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Image via Apple
苹果公司(纳斯达克股票代码:AAPL)股价周三走低。国家市场与竞争委员会(CNMC)正在调查苹果可能违反西班牙和欧盟竞争法的行为。
苹果因可能对使用其App Store的开发人员施加不公平的交易条件而受到调查。
该调查是由于西班牙应用商店活动的重要性日益增加而启动的,最长持续时间为24个月。
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如果得到证实,苹果的行为可能违反《保护竞争》(LDC)第2条和《欧盟运作条约》(TFEU)第102条,可能会导致高达去年公司全球营业额10%的罚款。
今年3月,在加利福尼亚北区提起的一起诉讼称,苹果正在施加 “外科手术” 限制,阻止客户有效使用除iCloud存储系统以外的任何服务。
苹果周二表示,计划将其A18芯片集成到即将推出的入门级iPhone和iPad中,以使其能够运行该公司的人工智能功能套件Apple Intelligence。
在过去的十二个月中,AAPL的股票上涨了15%以上。投资者可以通过ETF Opportunities Trust Trex 2X长苹果每日目标ETF(BATS: AAPX)和富达摩根士丹利资本国际信息技术指数ETF(纽约证券交易所代码:FTEC)获得股票敞口。
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价格走势:在周三的最后一次检查中,AAPL股价下跌2.96%,至218.36美元。
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图片来自苹果