It seems like all of the news that we are hearing about Russia has something or the other to do with its invasion of Ukraine, but in spite of the fact that this is the case there was also an antitrust investigation that was being conducted in the country. This investigation started out in July of 2022, and it has finally drawn to a close.
With all of that having been said and now out of the way, it is important to note that Russia will be fining Apple for a total of $17 million. This fine is based on Apple breaking antitrust laws in Russia by forcing developers to only accept payments through its own App Store. The lack of alternative payment options has long been a sore spot for developers all around the world, and Russia is only the latest in a long line of countries that have penalized Apple for this practice.
Interestingly, this fine has come in the midst of Apple trying to pull out of Russia. The tech juggernaut has already stopped selling its hardware within Russia, and this fine might make them more adamant to decouple from the Russian market than might have been the case otherwise.
Ukraine has been urging Apple to stop offering any services to Russian consumers. While it is unlikely that Apple will take things this far, they have already taken steps to limit their exposure to the Russian market with all things having been considered and taken into account.
Apple has attempted to limit the influence of Russian apps by banning those that were made by sanctioned companies. The tech corporation has also suspended Apply Pay within Russian borders because of the fact that this is the sort of thing that could potentially end up further tightening the noose around the warmongering nation.
This fine might be Russia’s attempt to hit back, but it could also be genuine antitrust litigation similar to what we have seen in the US. Whatever the case may be, it is unlikely that Apple will pay the fine without putting up a fight.
Read next: 22% of Consumers Consult Social Media for Leisure Activities
With all of that having been said and now out of the way, it is important to note that Russia will be fining Apple for a total of $17 million. This fine is based on Apple breaking antitrust laws in Russia by forcing developers to only accept payments through its own App Store. The lack of alternative payment options has long been a sore spot for developers all around the world, and Russia is only the latest in a long line of countries that have penalized Apple for this practice.
Interestingly, this fine has come in the midst of Apple trying to pull out of Russia. The tech juggernaut has already stopped selling its hardware within Russia, and this fine might make them more adamant to decouple from the Russian market than might have been the case otherwise.
Ukraine has been urging Apple to stop offering any services to Russian consumers. While it is unlikely that Apple will take things this far, they have already taken steps to limit their exposure to the Russian market with all things having been considered and taken into account.
Apple has attempted to limit the influence of Russian apps by banning those that were made by sanctioned companies. The tech corporation has also suspended Apply Pay within Russian borders because of the fact that this is the sort of thing that could potentially end up further tightening the noose around the warmongering nation.
This fine might be Russia’s attempt to hit back, but it could also be genuine antitrust litigation similar to what we have seen in the US. Whatever the case may be, it is unlikely that Apple will pay the fine without putting up a fight.
Read next: 22% of Consumers Consult Social Media for Leisure Activities
