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Apple & Google Fined By Italy’s Antitrust Regulator For “Aggressive Practices”

By John F. Heerdink, Jr.

Reportedly, Italy’s antitrust regulator has fined Apple (AAPL) and Alphabet’s Google (GOOG) 10 million euros ($11.23 million), each for “aggressive practices” linked to the commercial use of user data.  The authority informed that the two tech groups do not provide clear and immediate information as to how data is collected and used.

The authorities further added that when users set up their accounts on Google, the process is built in such a way that the terms on data usage are set up to be accepted. However, in the case of Apple, users do not have a choice on the issue.


Dow 30 component Apple (AAPL) has revolutionized personal technology with the introduction of the Macintosh in 1984. Today Apple leads the world in innovation with iPhone, iPad, Mac, Apple Watch, and Apple TV. Apple’s four software platforms — iOS, macOS, watchOS, and tvOS — provide seamless experiences across all Apple devices and empower people with breakthrough services including the App Store, Apple Music, Apple Pay, and iCloud. Apple’s more than 100,000 employees are dedicated to making the best products on earth, and to “leaving the world better than they found it. To learn more about Apple (AAPL) and track its ongoing progress at Vista Partners Apple (AAPL), Coverage Page.



Vista Partners LLC (”Vista”) is a California Registered Investment Advisor based in San Francisco. Vista delivers timely and relevant insights via the website: www.vistapglobal.com with daily stories, weekly market updates, monthly macroeconomic newsletters, podcasts, & Vista’s proprietary equity and market research to help you stay informed and stay competitive. Vista’s mission is to invest partner capital while arming investors with a comprehensive global financial perspective across all market sectors. Vista also seeks to provide select issuers with actionable advice regarding fundamental development, corporate governance, and capital market directives.

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(Read Original Story: Italy's antitrust fines Google, Apple for commercial use of data in Reuters)


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