Apple Inc. (AAPL)

$ 228.52
   
  • Change Today:
    $-0.48
  • 52 Week High: $236.48
  • 52 Week Low: $165.00
  • Currency: US Dollars
  • Shares Issued: 15.12m
  • Volume: 40,949,635
  • Market Cap: $3,454.31m
  • RiskGrade: 150

EU competition regulator launches compliance proceedings with Apple

By Josh White

Date: Thursday 19 Sep 2024

LONDON (ShareCast) - (Sharecast News) - European Union competition authorities started proceedings against Apple on Thursday, in a bid to enforce compliance with regulations that mandate the company to open its proprietary ecosystem to competitors.

Under the framework of the Digital Markets Act, the European Commission was set to delineate the specific actions Apple needed to implement to align with the new rules.

The move was part of the EU's broader strategy to foster a more competitive digital marketplace.

According to Reuters, the initial proceeding targeted various connectivity features and functionalities within Apple's iOS platform, which were predominantly used by connected devices.

The measures were intended to ensure greater interoperability and fair access for other tech firms operating within the EU market.

A second proceeding was focussed on scrutinising Apple's established procedures for managing interoperability requests submitted by developers and third parties for both iOS and iPadOS.

Reporting by Josh White for Sharecast.com.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

Apple Inc. Market Data

Currency US Dollars
Share Price $ 228.52
Change Today $ -0.48
% Change -0.21 %
52 Week High $236.48
52 Week Low $165.00
Volume 40,949,635
Shares Issued 15.12m
Market Cap $3,454.31m
RiskGrade 150

What The Brokers Say

Strong Buy 11
Buy 16
Neutral 14
Sell 1
Strong Sell 0
Total 42
buy
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Trades for 21-Nov-2024

Time Volume / Share Price
15:59 500 @ $228.52
15:59 100 @ $228.52
15:59 100 @ $228.52
15:59 2,300 @ $228.52
15:59 4,388 @ $228.52

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