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EU Apple Antitrust: EU Antitrust Regulators Keeping a Close Eye on Apple

EU Apple Antitrust: When you are one of the most valuable companies in the world, regardless of industry, there are going to be people watching you at all times. This is something that Apple Inc. (NASDAQ:AAPL) has found to be true over the years. While it is nice to have consumers watching the company with great interest, things can be a bit unsettling when it comes to government entities.

Apple Inc (AAPL)Apple Inc. (NASDAQ:AAPL) is actually the smart money’s second favorite publicly traded company but hedge funds have started dumping Apple Inc. (NASDAQ:AAPL) in favor of a surprising financial stock (see which stock hedge funds are buying like crazy).

According to a spokesman for the European Commission, EU antitrust regulators are keeping a close watch on Apple Inc. (NASDAQ:AAPL) in regards to the Cupertino-based company’s distribution of its iPhone and iPad devices.

Reuters grabbed a couple of quotes from Antoine Colombani:

“The Commission has been made aware of Apple’s distribution practices for iPhone and iPad. There have been no formal complaints though.”

“Generally, we are actively monitoring developments in this market. We will of course intervene if there are indications of anticompetitive behavior to the detriment of consumers.”

While Colombani does not lead on that Apple Inc. (NASDAQ:AAPL) is under investigation, there is reason to believe that EU antitrust regulators are carefully watching the company’s every move.

As we have discussed in the past, the tech giant has faced similar issues in the United States. Reported last month, Apple is the “last one standing in the federal antitrust case brought by the U.S. Department of Justice against Apple and five e-book publishers.” The company remains “on the hook for the June trial.”

For Apple Inc. (NASDAQ:AAPL)’s sake, it would be nice if these situations died down in the future. Unfortunately, that is not likely to happen.

What are your thoughts on how the European Commission is watching over Apple? Share your opinion in the comment section below.

Check back here for more updates on EU Apple Antitrust.

DISCLOSURE: I have no positions in any stock mentioned.

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