Russia opens case against Apple over app requirements
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Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 0.3%
Revenue Growth %: +10.4%
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Investing.com -- Russia's anti-monopoly authority has initiated a case against Apple Inc following the company's failure to meet requirements for pre-installing Russian applications on its devices, state news agency RIA reported on Monday.
The case stems from Apple's non-compliance with a warning to pre-install Russia's MAX messaging application and a Russian app store on iOS devices, according to state news agency TASS.
The watchdog had previously issued a warning to the technology company regarding these pre-installation requirements.
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