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Apple faces $2.7 billion UK lawsuit over app tracking rules

Reuters +1 ·

AAPL Apple Inc
$324.99 -0.04%
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  1. 1Apple (AAPL) is facing a £2 billion ($2.7 billion) lawsuit in London over its app tracking rules.
  2. 2The suit, filed by app developers, was lodged Thursday with the Competition Appeal Tribunal, alleging Apple imposed stricter limits on third parties.
  3. 3At issue is whether the 2021 App Tracking Transparency feature disadvantaged third parties versus Apple itself, giving Apple's ads an edge.

This 3-line summary is compiled from the report below.

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