Antitrust Compliance Program News Today

Apple Includes Antitrust Risk on the Companys Proxy Statement "Apples Antitrust Compliance Officer is responsible for the development, review, and execution of Apples Antitrust Compliance Program and regularly reports to the Audit Committee," the statement reads. Photo : Getty Images After months of scrutiny, Apple finally includes a section for antitrust risk on its proxy statement. As CNN Business noted, Apple enlists antitrust issues as one of the focus areas for its board of directors a...

Apples annual shareholders meeting will be held virtually this year as the company continues to follow strict precautionary guidelines to avoid spread of the coronavirus pandemic. On Feb. 23, shareholders will cast votes on measures ranging from the election of the companys board of executives to two shareholder proposals, according to a proxy statement filed with the U.S. Securities and Exchange Commission on Tuesday. Shareholders of record, or those who owned Apple stock ...

Apple Adds Antitrust Risk Section to Annual Proxy Statement 6 Jan 2021 Tech giant Apple has added a new passage on antitrust issues to its annual proxy statement to investors as Silicon Valley giants face further scrutiny over anti-competitive practices. CNBC reports that tech giant Apple has added a section on antitrust to its annual proxy statement. In an annual filing, Apple’s board of directors repeatedly discuss the issue of antitrust and highlight how regulatory pressure and antitrust i...

Antitrust scrutiny of Apple and other big tech giants ratcheted up over the past year. And for the first time, Apple has noted in its annual proxy statement that antitrust issues are an area of focus for its board of director's audit committee.

Apple has expanded antitrust language in its proxy report. Last year, the company only mentioned antitrust once in the report. As reported by CNBC, Apple has added a new section about antitrust risk to its annual proxy statement. The company released the filing with the SEC on Tuesday, a requirement before it holds its Annual Shareholders Meeting which will occur on February 23. The new language talks about Apples Audit Committee and Board of Directors regularly meeting to talk about antitrust ...