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EU closes antitrust probe into Apple’s e-book and audiobook rules after complaint withdrawn

The European Commission has ended its antitrust investigation into Apple's restrictions on third-party e-book and audiobook app developers regarding in-app payment systems.

MAIN POINTS
  1. The investigation focused on Apple's in-app payment system rules for e-book and audiobook apps.
  2. Complaints were received about Apple forcing developers to use its payment system.
  3. The probe was initiated by the European Commission in 2020.
  4. The investigation has now been quietly closed by the European Commission.
TAKEAWAYS
  1. Apple's business practices regarding app payment systems were under scrutiny.
  2. The closure of the investigation suggests a resolution or lack of evidence.
  3. Developers had raised concerns over Apple's competitive practices.
  4. The European Commission actively monitors tech companies' market behaviors.
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