In setback for Apple, U.S. Supreme Court lets App Store antitrust suit proceed

In setback for Apple, U.S. Supreme Court lets App Store antitrust suit proceedThe consumer plaintiffs claim Apple monopolized the market in violation of federal antitrust law by requiring that apps be sold through its App Store and extracting an excessive 30 percent commission on purchases. Apple's shares fell 5.8% to $185.72. The ruling came on a day when Apple shares already were trading lower because of concerns over a full-blown U.S.-China trade war.




from Yahoo News - Latest News & Headlines https://yhoo.it/2LGmiYV
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