Russia may cap App Store fees at 20 percent

The Russian Parliament will soon vote on a bill that would cap the commission companies like Apple and Google charge on the sale of apps in digital stores to twenty percent. Last month, Russia’s anti-monopoly body alleged Apple abused its dominant position via the App Store.

Here’s the full text of Cook’s prepared statement for today’s antitrust hearing

Big Tech is going on trial today as the United States Congress is set to grill the CEOs of the biggest technology companies Apple, Amazon, Facebook and Google over antitrust concerns. The House Judiciary's Antitrust subcommittee has over a million documents to support its case that these Silicon Valley giants stifle competition. Apple's chief executive Tim Cook yesterday released his opening statement ahead of the historic hearing, here's the full text.