Apple agrees to testify before U.S. Senate on app store antitrust concerns



© Reuters. FILE PHOTO: A man talks on his iPhone at a mobile phone store in New Delhi

By Paresh Dave

WASHINGTON (Reuters) – A senior Apple Inc (NASDAQ:) executive has agreed to testify before the U.S. Senate on competition issues related to mobile app stores, days after panel leaders criticized the company for refusing to appear.

The company said in a letter sent to senators, seen by Reuters, that Chief Compliance Officer Kyle Andeer will be available to testify at an April 21 hearing held by part of the Senate Judiciary Committee.

App makers have long complained that mandatory revenue sharing payments and strict inclusion rules set by Apple’s App Store for iPhones and iPads, along with Google (NASDAQ:)’s Play store for Android devices, amount to anticompetitive behavior.

On Friday, U.S. Senators Amy Klobuchar, a Democrat, and Mike Lee, a Republican, sent a letter to Apple Chief Executive Tim Cook calling it “unacceptable” the company was refusing to send a witness. The pair are leaders of the Senate Judiciary panel’s subcommittee on competition policy and antitrust.

Google has already agreed to testify at the hearing, according to Klobuchar’s spokeswoman.

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

READ  Walgreens Gains On Revised Guidance, Results Topping Estimates

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.





READ SOURCE

LEAVE A REPLY

Please enter your comment!
Please enter your name here