Federal Antimonopoly Service

When Apple Slapped With Fine For Dominating App Market!

Russia has fined Apple $12 million for the alleged abuse of its monopolistic dominance in the mobile app market space. Fined for dominance, isn't it a bit weird? On Tuesday, the Federal Antimonopoly Service, aka FAS said that the iPhone...
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Tesla’s Disappointing Q1 2024 Results: Double-Digit Declines in Automotive Revenue, Net Profit

Tesla has been struggling with the low demand for its electric vehicles (EVs), as evidenced by its first quarter...
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