Apple Loses Top Court Fight Over German Antitrust Crackdown
This article is for subscribers only.
Apple Inc. lost its fight at Germany’s top civil court to overturn a regulator’s decision to put it under tighter antitrust scrutiny alongside other US tech giants.
The judges on Tuesday said the Federal Cartel Office was right to find that the iPhone maker’s footprint across markets meets the threshold for more oversight. It’s not necessary that the company already hampers competition but that it carries such a risk. Apple does so as it’s one of the largest, most profitable companies worldwide with access to extraordinary financial and other resources, the judges added.