- Reuters
Google, Amazon, Apple lobby group opposes India's EU-like antitrust proposal
A U.S. lobby group representing tech giants Google, Amazon and Apple has asked India to rethink its proposed EU-like competition law, arguing regulations against data use and preferential treatment of partners could raise user costs, a letter shows. Citing increasing market power of a few big digital companies in India, a government panel in February proposed imposing obligations on them under a new antitrust law which will complement existing regulations whose enforcement the panel said is "time-consuming". India's "Digital Competition Bill" is on the lines of EU's landmark Digital Markets Act 2022.
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- Reuters
Apple's iPhone sales in China jump 52% in April, data shows
Apple's smartphone shipments in China were 52% higher in April than a year ago, extending a rebound seen in the previous month, according to data from a research firm affiliated the Chinese government. Shipments of foreign-branded phones in China increased by 52% in April to 3.495 million units from 2.301 million a year earlier, data from the China Academy of Information and Communications Technology (CAICT) showed on Tuesday. Although the data did not explicitly mention Apple, the company is the dominant foreign phone maker in China's smartphone-dominated market.
