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THE NEW AMERICAN INSOLVENCY LAW MAY BRING APPLE TO BANKRUPTCY

... Neuenschwander, such measures introduced by the state authorities can actually destroy the main product of the company - the iPhone. The company may even face bankruptcy, if this initiative begins to come into force across the states. Neuenschwander believes ... ... critics have opposed the 30% “extortionate” commission that the company charges for every financial transaction by users on the App Store for a long time. Experts note that the iOS platform has actually ceased to be the exclusive property of Apple for a ...

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