Yahoo Finance tech editor Dan Howley outlines Apple and Amazon's returns as advertisers on Twitter.
E-commerce giant MercadoLibre Inc said on Monday it has filed complaints against Apple Inc with antitrust regulators in Brazil and Mexico for anti-competitive practices, accusing the U.S.-based firm of abusing what it called a monopoly in the distribution of apps for its devices. In a statement, the e-commerce giant said that Apple had imposed a series of restrictions on the distribution of digital goods and in-app purchases, including banning apps from distributing third-party digital goods and services such as movies, music, video games, books and written content. In the complaint, the South American company criticized the California tech giant for requiring developers who offer digital goods or services within apps to use Apple's own payment system and stopping them from redirecting buyers to their websites.
Announcement had been expected in weeks