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One of Apple's most lucrative businesses - its App Store, which charges developers commissions of up to 30% - has already survived a lengthy legal challenge under U.S. law by Epic.
In Apple's last fiscal year, that approach helped the company generate $383 billion in revenue, inspiring Wall Street investors to bid Apple’s stock market value to $2.65 trillion.
Loaded 0%. The US Justice Department filed an antitrust lawsuit against Apple ( AAPL ), alleging that the maker of the iPhone illegally maintains its dominance over the smartphone market by boxing ...
Apple Inc. v. Pepper, 587 U.S. ___ (2019), was a United States Supreme Court case related to antitrust laws related to third-party resellers. The case centers on Apple Inc.'s App Store, and whether consumers of apps offered through the store have Article III standing under federal antitrust laws to bring a class-action antitrust lawsuit against Apple for practices it uses to regulate the App ...
Litigation involving Apple Inc. The multinational technology corporation Apple Inc. has been a participant in various legal proceedings and claims since it began operation and, like its competitors and peers, engages in litigation in its normal course of business for a variety of reasons. In particular, Apple is known for and promotes itself as ...
Epic Games, Inc. v. Apple Inc. was a lawsuit brought by Epic Games against Apple in August 2020 in the United States District Court for the Northern District of California, related to Apple's practices in the iOS App Store. Epic Games specifically had challenged Apple's restrictions on apps from having other in-app purchasing methods outside of ...
Apple products are offered for sale at an Apple store on March 21, 2024, in Chicago, Illinois. ... According to the complaint, Apple maintains control of 65 percent of the American smartphone market.
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