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

By CLP staff and Krista Lee

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.

Beijing Bodyreader Technology Ltd. has filed the lawsuit in Beijing Intellectual Property Court, seeking damages of RMB 3 million ($420,000), an apology, and a declaration that Apple has engaged in unfair monopolistic behavior.

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