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...Apple responded by saying that “the changes we’re sharing for apps in the European Union give developers choice — with new options to distribute iOS apps and process payments”....
...“In that context, we’re in particular looking into the issue of progressive web apps, and can confirm sending the requests for information to Apple and to app developers, who can provide useful information...
...It is the first antitrust challenge against Apple under Biden’s administration, which is pursuing antitrust cases against some of the biggest Silicon Valley companies....
...In a sweeping antitrust lawsuit the US on Thursday alleged that the iPhone maker had betrayed that slogan, locking millions of its users into a powerful monopoly that has made it one of the most valuable...
...In the midst of its landmark lawsuit against Apple, the antitrust enforcer noted disapprovingly of the company’s $77bn buyback scheme in 2023: not because it was a lazy deployment of capital but as an indicator...
...The iPhone 15 starts at Rbs95,990 ($1,071) from re:store, Apple’s former authorised reseller in Russia, as opposed to $799 in the US....
...The US Ninth Circuit Court of Appeals in April affirmed a 2021 decision favouring the iPhone maker after Epic Games alleged Apple’s App Store was an illegal monopoly....
...Mentioned in this podcast: US accuses Apple of building smartphone market monopoly in antitrust case How Hertz’s bets on Tesla and a Goldman veteran veered off course Social media site Reddit soars 48%...
...Apple got lost in the wilderness for a decade, and almost went bankrupt — and brought back Jobs. A decade later, it introduced the iPhone....
...And the justice department’s antitrust lawsuit against Google’s search business threatens the payments Google makes to Apple to be the default search engine on the iPhone — a large, pure-margin chunk of...
...Apple has never previously been fined for antitrust infringements by Brussels, but the company was hit in 2020 with a €1.1bn fine in France for alleged anti-competitive behaviour....
...They say the iPhone’s 65 per cent share of the US smartphone market by revenue — and the tight technological integration that underpins Apple’s ecosystem — threaten to distort competition in the tech world...
...of litigation....
...Research, pointing to Apple’s decision to stop disclosing iPhone unit sales in 2018....
...“There haven’t been huge functionality advances over this past decade, but once you’re in this ecosystem it’s hard to leave,” he said. “Apple’s development prospects in China don’t look good....
...If you are in a delicate position in antitrust law, placing the fee burden so heavily on developers of virtual worlds such as Fortnite is perilous....
...Friday interview: Herbert Hovenkamp If you own shares in Apple, Alphabet, Meta or Amazon, you need to know about US antitrust law....
...Google reportedly pays Apple between $18bn to $20bn annually to be the iPhone’s default search engine....
...Epic had said that the iPhone maker operated a monopoly in the iOS ecosystem, controlling the pipeline through which developers reached consumers....
...The biggest hit to the iPhone maker could come from a US antitrust trial against Google, where it emerged that the fellow tech giant had paid more than $26bn in 2021 to make its search engine the default...
...It has incredibly high barriers to entry in the form of once you’re in the Apple world, you never leave it. It is incredibly profitable. It generates loads of cash....
...A recent report from UBS estimated that iPhone sales fell 4 per cent in February from a year ago, driven by a 9 per cent decline in the US and a 16 per cent decline in China....
...What distinguishes Google from Apple, which makes the iPhone, is that Google does not control the hardware that uses its operating system....
...Damien Geradin, an antitrust lawyer who has represented companies in probes against Apple and Google, said fines did not work as deterrents....
...The first trial in the English courts stemming from a wave of class action antitrust lawsuits starts on Monday, as telecoms operator BT faces a £1.3bn claim that it overcharged about 3mn landline customers...
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