EU monitors iPads, iPhones

Investor's Business Daily

European Union antitrust regulators are looking into possible anticompetitive issues involving distribution of Apple (AAPL) mobile devices, Reuters said, citing sources close to the situation. The probe by the EU's watchdog European Commission of iPad and iPhone contracts stems from informal complaints from unnamed telecommunications firms, underscoring conflicts between telecoms and content providers. Apple rose 2% to 461.91.

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