• Send Us A Tip
  • Calling all Tech Writers
  • Advertise
Tuesday, September 15, 2026
  • Login
TechStory
  • News
  • Crypto
  • Gadgets
  • Memes
  • Gaming
  • Cars
  • AI
  • Startups
  • Markets
  • How to
No Result
View All Result
  • News
  • Crypto
  • Gadgets
  • Memes
  • Gaming
  • Cars
  • AI
  • Startups
  • Markets
  • How to
No Result
View All Result
TechStory
No Result
View All Result
Home Business

Apple Inc. fined $12 million by Russia’s FAS over App Store monopoly

by Chhavideep Singh
April 29, 2021
in Business, Popular, Trending, World
Reading Time: 2 mins read
0
Apple
TwitterWhatsappLinkedin
Apple
Source: Somag News

Apple Inc. has once again been brought into the highlight for its monopolistic business tactics and this time by Russia. It has been a forever long debate about Apple actually abusing its dominant position in the technology industry. However, there have been serious questions raised about Apple’s App Store policies and the cut it charges from developers for in-app purchases. This is not the first time that the company has faced such allegations and like every other time, there are chances that it pays off the compensation and bury the matter. After all, it is a trillion-dollar company!

You might also like

Apple Faces Consumer Regulator Probe in India Over iOS 18 Warranty Terms

Oracle Begins Fresh Layoffs in India as Thousands of Jobs Face Cuts

SoftBank Secures $11.87 Bn Loan to Fund OpenAI Investment

Who has fined Apple with $12 million?

Recently, there have been reports that the Federal Anti-monopolistic Service (FAS), a Russian regulatory body has fined Apple Inc. for USD 12 million alleging that the company has been busy abusing its dominance in the mobile application market i.e., Apple App Store. The issue revolves around the latest legal battle between a Western technology company and Moscow, as mentioned in a report by Reuters.

Accusation-

Apple has been allegedly accused to give its own applications a competitive advantage over other third-party applications on its App Store on iOS devices with respect to the distribution of applications throughout the market.

What did Apple say?

Considering the history of controversies and lawsuits that the iPhone maker has been surrounded by in the past, it was pretty obvious to technology analysts and market players that Apple would deny the claims and ask the accuser to settle the matter in court. Well, if your guess was right, congratulations because Apple “respectfully disagreed” with the Russian regulator’s ruling and mentioned in a statement that it would appeal the matter in court.

All of this fuss began when Kaspersky, a cybersecurity technology company filed a complaint against the iPhone maker that it had rejected its latest version of the SafeKids application on the Apple App Store.

We all know that 12 million dollars is not a huge amount for a trillion-dollar company but the amount will certainly put a dent in the company’s financial statements.

Is Russia troubling technology companies?

Anyhow, Russia hasn’t been a walk in the park for technology companies too. Western technology companies including Twitter have been facing enormous pressure from the Russian regulators over compliance with State policies. Recently, Twitter was significantly slowed down in the Russian homeland over its failure to delete content from the micro-blogging app which Moscow says is illegal.

Twitter is just one of the victims that Russia has targeted, other technology giants including Google, Facebook and TikTok are also facing heat from Russia over compliance policies.

Apple Inc. has been around for years surrounded by multiple controversies, a simple fine and some allegations cannot scare the scarecrow. What do you think?

 

Tags: AppleRussia
Tweet54SendShare15
Previous Post

Samsung’s New Galaxy Book Odyssey’s lineup brings Nvidia’s latest RTX 3050Ti GPU

Next Post

You can now Uber your way to booking a COVID-19 vaccine

Chhavideep Singh

Hi! I'm Chhavideep, If you like reading about technology, business and start-ups, you've come to the right place. Catch me: chhavideep@connasys.com

Recommended For You

Apple Faces Consumer Regulator Probe in India Over iOS 18 Warranty Terms

by Ishaan Negi
September 15, 2026
0
Apple Faces Consumer Regulator Probe in India Over iOS 18 Warranty Terms

Apple is facing a detailed investigation by India’s consumer regulator over allegations that its iOS 18 software update caused problems with iPhone functionality, leaving some customers with expensive...

Read more

Oracle Begins Fresh Layoffs in India as Thousands of Jobs Face Cuts

by Ishaan Negi
September 15, 2026
0
Oracle Begins Fresh Layoffs in India as Thousands of Jobs Face Cuts

Oracle has begun another round of layoffs in India, with employees across multiple teams receiving termination notices as the technology giant pushes ahead with a fresh cost-cutting exercise....

Read more

SoftBank Secures $11.87 Bn Loan to Fund OpenAI Investment

by Ishaan Negi
September 14, 2026
0
SoftBank Secures $11.87 Bn Loan to Fund OpenAI Investment

SoftBank Group has secured an $11.87 billion loan to support its massive investment in OpenAI, people familiar with the matter said, as the Japanese conglomerate continues to ramp...

Read more
Next Post
Uber

You can now Uber your way to booking a COVID-19 vaccine

Please login to join discussion

Techstory

Tech and Business News from around the world. Follow along for latest in the world of Tech, AI, Crypto, EVs, Business Personalities and more.
reach us at info@techstory.in

Advertise With Us

Reach out at - info@techstory.in

Aviator Game India 2026

BROWSE BY TAG

#Crypto #howto 2024 acquisition AI amazon Apple Artificial Intelligence bitcoin Business China cryptocurrency e-commerce electric vehicles Elon Musk Ethereum facebook funding Gaming Google India Instagram Investment iPhone IPO Market Markets Meta Microsoft News OpenAI samsung Social Media SpaceX startup startups tech Tech news technology Tesla TikTok trend trending twitter US

© 2025 Techstory.in

No Result
View All Result
  • News
  • Crypto
  • Gadgets
  • Memes
  • Gaming
  • Cars
  • AI
  • Startups
  • Markets
  • How to

© 2025 Techstory.in

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?