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  4. Match Group Files Antitrust Case Against Apple in India - Reuters
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Match Group Files Antitrust Case Against Apple 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...
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Match Group Files Antitrust Case Against Apple in India - Reuters © 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."

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01-05-2024 10:45:17 (UTC+7)

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EUR/USD

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USD/JPY

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AUD/USD

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USD/CAD

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EUR/JPY

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EUR/CHF

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DAX

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FTSE 100

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Adidas AG

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 EUR/USD1.0658↑ Sell
 GBP/USD1.2475↑ Sell
 USD/JPY157.91↑ Buy
 AUD/USD0.6469Neutral
 USD/CAD1.3780↑ Buy
 EUR/JPY168.32↑ Buy
 EUR/CHF0.9808Neutral
 Gold2,295.80↑ Sell
 Silver26.677↑ Sell
 Copper4.5305↑ Buy
 Crude Oil WTI81.14↑ Sell
 Brent Oil85.62↑ Sell
 Natural Gas1.946↑ Sell
 US Coffee C213.73↑ Sell
 Euro Stoxx 504,920.55↑ Sell
 S&P 5005,035.69↑ Sell
 DAX17,921.95↑ Sell
 FTSE 1008,144.13Sell
 Hang Seng17,763.03↑ Sell
 Small Cap 20001,973.05↑ Sell
 IBEX 3510,854.40Neutral
 BASF49.155↑ Sell
 Bayer27.35↑ Sell
 Allianz266.60↑ Sell
 Adidas226.40↑ Sell
 Lufthansa6.714Neutral
 Siemens AG175.90↑ Sell
 Deutsche Bank AG15.010Neutral
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