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In the News: Apple Antitrust Dispute; Shareholder Returns Rules; and Dwindling Foreign Employees in China
Chinese developer sues Apple for removing its app from the App Store; CSRC requires increased shareholder returns to boost stock prices; and Foreigners are choosing to work remotely instead of moving to China
Promulgated: 2024-11-12
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Credit: Mark Roger Bailey/Adobe Stock
Apple Sued for Removing Chinese App from App Store
U.S. multinational corporation Apple Inc. is engaged in a legal dispute with the Chinese developer of the Bodyreader app, which was removed from the iPhone App Store in 2020, Bloomberg reports. This is the first antitrust case in which Apple has been sued by a Chinese app developer.