The Supreme Court ruled 5-4 against Apple on Monday in a case involving the App Store and whether Apple's control of the iPhone software marketplace is an unfair use of monopoly power.
Apple was down more than 5% on Monday, although its drop probably had more to do with escalation in the U.S.-China trade war that caused most stocks to fall sharply. iPhone users had argued that Apple's 30% commission on app sales had inflated prices for iPhone software, and Apple had argued that consumers didn't have the standing to sue because Apple was merely providing a marketplace for the apps — in Apple's argument, only the app developers had standing to sue for antitrust.
this will help solve the recent spat between Apple and Amazon, although Apple did finally make Amazon's Prime TV app available, it still sucks compared to watching Prime TV on Amazon's Fire TV device
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Supreme Court rules against Apple in App Store antitrust caseThe Supreme Court on Monday ruled 5-4 against Apple in a case involving its signature electronic marketplace, the App Store, allowing iPhone users to move forward with their suit against the company. Now do Facebook Absolutely
Source: CNBC - 🏆 12. / 72 Read more »
Supreme Court Allows Antitrust Suit Against Apple to ProceedThe Supreme Court ruled Monday that consumers can proceed with an antitrust lawsuit challenging Apple Inc.’s exclusive control over the marketplace for iPhone apps, threatening the tech giant’s slice of billions of dollars in software sales. Hell yeah. Ooh! I WANT A PIECE OF THAT! So won’t reign in Facebook, but will challenge the right of Apple to protect the security of users? Android is full of privacy & security issues BECAUSE they won’t control who can put apps into the system
Source: WSJ - 🏆 98. / 63 Read more »
The Supreme Court just ruled against Apple in an antitrust case centered around the App StoreThe U.S. Supreme Court on Monday gave the go-ahead for a lawsuit by consumers accusing Apple of monopolizing the market for iPhone apps. This is great news for the tech industry. SAI They are doing whatever they can to run the company. But then if everything is listed in the agreement for devs then this will not be a problem.
Source: BusinessInsider - 🏆 729. / 51 Read more »
Supreme Court clears way for iPhone users to sue Apple over App Store pricesA divided Supreme Court today cleared the way for iPhone owners to sue Apple for alleged 'higher-than-competitive prices' for apps sold in App Store
Source: ABC - 🏆 471. / 51 Read more »
Supreme Court rules against Apple in dispute over app pricesThe Supreme Court in a 5-4 ruling concluded that consumers who believe they've overpaid for apps can sue Apple and other app store operators on antitrust grounds Lawyers will LOVE this one. $$$$$$$$$$$$$$$$$$$$$$$$$$$$$ 'consumers who believe they overpaid?' Wtf does that even mean? Don't like the price, don't buy it Hmmmm... K siding with liberals make me question this. Admittedly I know nothing to make a comment. But guess I had to display my shock.
Source: politico - 🏆 381. / 59 Read more »
Supreme Court says Apple customers can sue over App Store pricesNEW: US Supreme Court rules that Apple customers can sue the company over the prices in the app store. Watch PeteWilliamsNBC break down the ruling. PeteWilliamsNBC PeteWilliamsNBC Hahaha good luck now PeteWilliamsNBC So your telling me that a company set a price and you have the option to pay or not pay for it and this is a problem how? Don’t get an Apple iPhone. Get a Galaxy or whatever’s
Source: MSNBC - 🏆 469. / 51 Read more »
Supreme Court Says Consumers Can Sue Apple For Allegedly Monopolizing The App Store“Apple’s line-drawing does not make a lot of sense, other than as a way to gerrymander Apple out of this and similar lawsuits,” Justice Brett Kavanaugh wrote. Here’s a novel idea...if you think something’s too expensive, just don’t but it!
Source: BuzzFeed - 🏆 730. / 51 Read more »
Supreme Court rules Apple will face antitrust suit for its iPhone appsThe Supreme Court has cleared the way for Apple to be sued under antitrust laws for allegedly monopolizing the sale of apps on its iPhones. The 5-4 decision in the closely watched case could open the way for similar lawsuits against other online giants. Amazing, this packed Court can still get it right once in awhile.
Source: latimes - 🏆 11. / 82 Read more »
IPhone owners can sue Apple for monopolizing App Store, Supreme Court rulesThe Supreme Court says consumers who accuse Apple of violating antitrust rules with its App Store can sue the company realDonaldTrump doesn't know sh*t. China has retaliated, raising the stakes in a trade war that has raised concerns about the future of global economic growth. The Asian nation announced increased tariffs on $60 billion. This only raises prices for US 👍🏽👍🏽👍🏽👍🏽👍🏽
Source: cnnbrk - 🏆 393. / 55 Read more »