Tag #Antitrust

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forbes.com

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May 2, 16:14

Mixed Tech Earnings, Apple Tariff Concerns, and Employment Report Nuances

Strong tech earnings from Microsoft and Meta fueled market gains on Thursday, but Amazon's cloud growth missed expectations, and Apple projected $900 million in tariff-related costs; the April jobs report showed 177,000 new jobs, but severance pay skewed the numbers.

Mixed Tech Earnings, Apple Tariff Concerns, and Employment Report Nuances

Strong tech earnings from Microsoft and Meta fueled market gains on Thursday, but Amazon's cloud growth missed expectations, and Apple projected $900 million in tariff-related costs; the April jobs report showed 177,000 new jobs, but severance pay skewed the numbers.

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How do Apple's supply chain diversification efforts and tariff impact reflect broader geopolitical and economic trends?

Positive market reactions to tech earnings were tempered by Amazon's cloud computing shortfall and Apple's tariff concerns, highlighting the complex interplay between corporate performance and global economic factors. Apple's supply chain shift to India and Vietnam is a notable response to trade tensions.

theglobeandmail.com

🌐 90% Global Worthiness

May 1, 04:13

Apple Found in Contempt of Court Over App Store Practices

A California judge found Apple in contempt of court for violating an injunction related to antitrust issues in its App Store, referring the company and an executive to federal prosecutors for a criminal contempt investigation after Apple imposed a new 27% fee on app purchases outside of the app stor...

Apple Found in Contempt of Court Over App Store Practices

A California judge found Apple in contempt of court for violating an injunction related to antitrust issues in its App Store, referring the company and an executive to federal prosecutors for a criminal contempt investigation after Apple imposed a new 27% fee on app purchases outside of the app stor...

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What are the immediate consequences of Apple's violation of the court order regarding its App Store practices?

Apple was found in contempt of court for violating a prior injunction that required it to allow greater competition in its App Store, leading to a referral to federal prosecutors for a criminal contempt investigation. Judge Gonzalez Rogers cited Apple's failure to comply and noted that one of its executives provided misleading testimony.

liberation.fr

🌐 90% Global Worthiness

May 1, 22:14

Judge Holds Apple in Contempt for Failing to Open App Store

A US federal judge held Apple in contempt of court for failing to comply with a 2021 order to open its iPhone app ecosystem, ordering Apple to stop collecting commissions on transactions outside its App Store and to cease using tactics to dissuade users from third-party app stores; the decision foll...

Judge Holds Apple in Contempt for Failing to Open App Store

A US federal judge held Apple in contempt of court for failing to comply with a 2021 order to open its iPhone app ecosystem, ordering Apple to stop collecting commissions on transactions outside its App Store and to cease using tactics to dissuade users from third-party app stores; the decision foll...

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How did Apple's actions following the 2021 court ruling contribute to the judge's decision to hold the company in contempt?

The judge's decision stems from a 2021 lawsuit filed by Epic Games, which accused Apple of abusing its dominant market position by charging excessive commissions (30%) for app sales. Apple's subsequent actions, including implementing a new 27% commission for transactions outside the App Store and using tactics to discourage users from using alternative platforms, led the judge to conclude that Apple deliberately disobeyed the court's order.

bbc.com

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May 1, 07:15

Apple Found in Contempt of Court in Epic Games Case

A US District Judge found Apple in contempt of court for violating a 2021 injunction in the Epic Games case, which aimed to prevent anti-competitive practices within Apple's App Store; the judge is referring the matter for potential criminal contempt proceedings, and Apple stated they disagree and w...

Apple Found in Contempt of Court in Epic Games Case

A US District Judge found Apple in contempt of court for violating a 2021 injunction in the Epic Games case, which aimed to prevent anti-competitive practices within Apple's App Store; the judge is referring the matter for potential criminal contempt proceedings, and Apple stated they disagree and w...

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What are the immediate consequences of the court finding Apple in contempt of the Epic Games injunction?

A US District Judge found Apple wilfully violated a court injunction in the Epic Games case, leading to a referral for potential criminal contempt proceedings. The injunction, stemming from a 2021 ruling, prevented anti-competitive practices and mandated external payment options within the App Store. Apple stated they disagree and will appeal.

us.cnn.com

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May 1, 07:15

Apple Faces Criminal Contempt Investigation for App Store Antitrust Violation

A US judge ruled Apple violated a court order to increase App Store competition, referring the company to federal prosecutors for a criminal contempt investigation following its failure to comply with a 2021 injunction in an Epic Games antitrust lawsuit.

Apple Faces Criminal Contempt Investigation for App Store Antitrust Violation

A US judge ruled Apple violated a court order to increase App Store competition, referring the company to federal prosecutors for a criminal contempt investigation following its failure to comply with a 2021 injunction in an Epic Games antitrust lawsuit.

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What are the immediate consequences of Apple's violation of the court order regarding its App Store?

On Wednesday, a US judge ruled that Apple violated a court order to increase competition in its App Store, referring the case to federal prosecutors for a criminal contempt investigation. The judge found Apple non-compliant with a prior injunction stemming from an antitrust lawsuit, citing Apple's continued interference with competition as unacceptable. This follows a 2021 ruling against Apple for violating California competition law.

lefigaro.fr

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May 1, 16:13

Judge Orders Apple to End App Store Commissions, Referrals for Criminal Charges Possible

A US federal judge ordered Apple to stop charging commissions on transactions outside its app store and cease dissuading users from alternative app stores, following a three-year-old ruling stemming from an Epic Games lawsuit alleging anti-competitive practices; the judge referred the matter to the ...

Judge Orders Apple to End App Store Commissions, Referrals for Criminal Charges Possible

A US federal judge ordered Apple to stop charging commissions on transactions outside its app store and cease dissuading users from alternative app stores, following a three-year-old ruling stemming from an Epic Games lawsuit alleging anti-competitive practices; the judge referred the matter to the ...

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What are the immediate consequences of the judge's ruling on Apple's app store practices and revenue?

A US federal judge in Oakland, California, has accused Apple of failing to comply with a ruling from over three years ago mandating the opening of its iPhone to competing app stores. The ruling stemmed from a lawsuit by Epic Games, which accused Apple of anti-competitive practices and excessive commissions. Apple has now been ordered to cease all commissions on transactions outside its app store and refrain from dissuading users from using alternative app stores.

forbes.com

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May 2, 04:12

Apple Found in Contempt in Epic App Store Case

A federal judge found Apple in contempt of court for violating a 2021 injunction in its antitrust case with Epic Games, specifically for maintaining barriers to alternative app payment methods, potentially facing criminal charges.

Apple Found in Contempt in Epic App Store Case

A federal judge found Apple in contempt of court for violating a 2021 injunction in its antitrust case with Epic Games, specifically for maintaining barriers to alternative app payment methods, potentially facing criminal charges.

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What are the immediate consequences of Apple being held in contempt of court for its App Store practices?

Apple has been held in contempt of court for violating a 2021 injunction in its antitrust case with Epic Games, specifically for maintaining barriers to alternative app payment methods. This ruling could lead to criminal charges against Apple and further legal battles.

smh.com.au

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May 1, 04:13

Apple Referred to Prosecutors for Contempt Over App Store Antitrust Ruling

A US judge ruled that Apple violated a court order to increase competition in its App Store, referring the company and an executive to federal prosecutors for a criminal contempt investigation due to non-compliance and misleading testimony, following a 2021 ruling against Apple for violating Califor...

Apple Referred to Prosecutors for Contempt Over App Store Antitrust Ruling

A US judge ruled that Apple violated a court order to increase competition in its App Store, referring the company and an executive to federal prosecutors for a criminal contempt investigation due to non-compliance and misleading testimony, following a 2021 ruling against Apple for violating Califor...

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What are the immediate consequences of Apple's non-compliance with the court order regarding its App Store practices?

Apple was found in violation of a US court order mandating increased competition within its App Store, specifically concerning app downloads and payment methods. Judge Yvonne Gonzalez Rogers referred Apple and executive Alex Roman to federal prosecutors for potential criminal contempt charges due to non-compliance and misleading testimony. This follows a 2021 ruling against Apple for violating California competition law.

nos.nl

🌐 85% Global Worthiness

May 1, 16:13

Apple Faces Contempt of Court Charges for Defying App Store Ruling

A US court held Apple in contempt for violating a 2021 order to end anti-competitive App Store practices, potentially criminally charging a manager for perjury; Apple imposed a 27% commission on outside purchases, defying the court's mandate to allow developers to direct users to cheaper alternative...

Apple Faces Contempt of Court Charges for Defying App Store Ruling

A US court held Apple in contempt for violating a 2021 order to end anti-competitive App Store practices, potentially criminally charging a manager for perjury; Apple imposed a 27% commission on outside purchases, defying the court's mandate to allow developers to direct users to cheaper alternative...

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How did Apple's 27% commission on external purchases contribute to the court's finding of contempt?

Apple's non-compliance stems from its implementation of a 27% commission on purchases outside the App Store, deemed by the court as an anti-competitive measure designed to deter users from cheaper alternatives. This decision connects to broader concerns about Apple's monopolistic practices and impacts developers' profitability and consumer choice. The court's action underscores the growing global scrutiny of tech giants' business models.

edition.cnn.com

🌐 85% Global Worthiness

May 1, 07:15

Apple Found in Contempt of Court Over App Store Antitrust Injunction

A US judge found Apple in contempt of court for violating an antitrust injunction related to its App Store payment system and referred the company to federal prosecutors for a criminal contempt investigation following a lawsuit by Epic Games.

Apple Found in Contempt of Court Over App Store Antitrust Injunction

A US judge found Apple in contempt of court for violating an antitrust injunction related to its App Store payment system and referred the company to federal prosecutors for a criminal contempt investigation following a lawsuit by Epic Games.

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What are the immediate consequences of Apple's violation of the court order regarding its App Store practices?

On Wednesday, a US judge ruled that Apple violated a court order to increase competition in its App Store, referring the company to federal prosecutors for a potential criminal contempt investigation. The judge stated Apple failed to comply with the injunction, imposed in an antitrust lawsuit, and that its actions will not be tolerated. Apple has been ordered to allow developers more freedom to direct users to alternative payment options.

theguardian.com

🌐 85% Global Worthiness

May 1, 07:15

Apple Found in Contempt of Court for Antitrust Violations

A US judge found Apple in contempt of court for violating an antitrust injunction, referring the company and an executive to federal prosecutors for a criminal contempt investigation following the Epic Games lawsuit; Apple was ordered to allow greater competition in its App Store, but failed to comp...

Apple Found in Contempt of Court for Antitrust Violations

A US judge found Apple in contempt of court for violating an antitrust injunction, referring the company and an executive to federal prosecutors for a criminal contempt investigation following the Epic Games lawsuit; Apple was ordered to allow greater competition in its App Store, but failed to comp...

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What are the immediate consequences of Apple's violation of the court order regarding its App Store?

Apple has been found in contempt of court for violating a US antitrust injunction, stemming from a lawsuit by Epic Games. Judge Yvonne Gonzalez Rogers ordered Apple to allow greater competition in its App Store, but Apple failed to comply, leading to a referral to federal prosecutors for a criminal contempt investigation. This includes Apple executive Alex Roman, accused of misleading testimony.

theglobeandmail.com

🌐 85% Global Worthiness

May 1, 07:15

Couche-Tard Gains Access to Seven & i Financial Data in Takeover Bid

Alimentation Couche-Tard Inc. gained access to Seven & i Holdings Co.'s financial data after signing a non-disclosure agreement, a critical step in its US$52-billion takeover bid for the Japanese convenience store giant, despite concerns about antitrust regulations and the planned divestiture of app...

Couche-Tard Gains Access to Seven & i Financial Data in Takeover Bid

Alimentation Couche-Tard Inc. gained access to Seven & i Holdings Co.'s financial data after signing a non-disclosure agreement, a critical step in its US$52-billion takeover bid for the Japanese convenience store giant, despite concerns about antitrust regulations and the planned divestiture of app...

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What immediate impact does the non-disclosure agreement have on Couche-Tard's takeover bid for Seven & i Holdings?

Alimentation Couche-Tard Inc. has secured access to Seven & i Holdings Co.'s financial data, a crucial step in its takeover bid. This follows months of negotiations and allows Couche-Tard to proceed with due diligence and regulatory discussions. A standstill agreement prevents Couche-Tard from hostile actions during negotiations.

Showing 49 to 60 of 250 results