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Brazil antitrust body rules Apple must lift restrictions on in-app payments
Brazilian antitrust regulator Cade said on Monday that Apple must lift restrictions on payment methods for in-app purchases, among other things, as the watchdog moved to proceed with an investigation into a complaint filed by Latin America e-commerce giant MercadoLibre.
Brazil's Antitrust Regulator Wants Apple To Remove Restrictions On In-App Payments
According to Reuters, the complaint filed by MercadoLibre in 2022 pointed out that Apple imposes its in-house payment system upon developers that offer digital goods or services, and prevents these developers to redirect buyers to their own websites and do their transactions outside the app.
Apple Faces Daily Fines in Brazil Over App Store Payment Restrictions
Brazil's antitrust regulator has ordered Apple to remove App Store restrictions on third-party payment systems and allow developers to
Brazil’s CADE says Apple must lift restrictions on in-app payments
Brazil’s antitrust regulator CADE says Apple (AAPL) must allow app developers to link to external payment methods and to offer other in-app
Brazil's antitrust regulator is set to fine Apple if in-app purchase restrictions aren't lifted
Apple has only 20 days to open up in-app purchases, or it could face $43k in fines per day if it fails to comply with the Brazil antitrust regulator's ruling.
Apple ordered to open up in-app purchases in Brazil
Brazil’s antitrust regulator Cade has ruled that Apple must lift restrictions on in-app purchases within 20 days, Reuters reports. Otherwise, if the iPhone maker doesn’t comply, it faces fines of $43,
Brazil Gives Apple Deadline Of 20 Days To Lift Restrictions On In-App Payment, Here's What We Know
Apple continues to be under the fire for the restrictions that it has imposed on payment methods for in-app purchases. Brazilian antitrust regulator Cade on Monday said that Apple must lift those restrictions on in-app purchases.
5h
MercadoLibre price target lowered to $2,450 from $2,480 at Citi
Citi analyst Joao Pedro Soares lowered the firm’s price target on MercadoLibre (MELI) to $2,450 from $2,480 and keeps a Buy rating on the ...
1d
on MSN
MercadoLibre trades in the green for seven straight sessions
MercadoLibre (NASDAQ:MELI) shares traded in the green on Monday, making it the seventh consecutive day of gains. The stock ...
1d
A Once-in-a-Decade Opportunity: 1 Supercharged Growth Stock to Buy After a Recent 10% Pullback
Shares of Latin American e-commerce and fintech behemoth MercadoLibre (NASDAQ: MELI) are up over 6,560% since the company's ...
15d
Buy MercadoLibre Stock On This Post-Earnings Dip. Here's What the Market's Missing.
Founded in 1993, The Motley Fool is a financial services company dedicated to making the world smarter, happier, and richer.
5d
MercadoLibre: Buy The Unwarranted Pullback, Credit Growth Headwinds Are Temporary
Read here for highlights on the opportunity in MercadoLibre (MELI) stock post-pullback, citing strong growth potential in ...
1d
With 83% ownership in MercadoLibre, Inc. (NASDAQ:MELI), institutional investors have a lot riding on the business
Key Insights Given the large stake in the stock by institutions, MercadoLibre's stock price might be vulnerable ...
13d
Is It Time to Buy MercadoLibre Stock?
From 2013 to 2023, MercadoLibre's gross merchandise volume clocked a compound annual growth rate (CAGR) of 20%, its total ...
1d
MercadoLibre, Inc. (NASDAQ:MELI) Shares Sold by Prospera Financial Services Inc
Prospera Financial Services Inc reduced its position in MercadoLibre, Inc. (NASDAQ:MELI – Free Report) by 54.5% during the ...
5h
Mercadolibre’s Strategic Investments and Growth Potential Justify Buy Rating Despite Short-Term Pressures
Analyst Joao Soares from Citi maintained a Buy rating on Mercadolibre (MELI – Research Report) and decreased the price target to $2,450.00 from ...
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