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2023-04-01
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Apple Wins Appeal to Quash the UK’s Mobile Stranglehold Probe
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It successfully argued that the CMA didn’t follow the rules on timings and that the probe was invalid.</p><p style=\"text-align: start;\">The CMA opened its investigation into both Apple and Google owner Alphabet Inc.’s dominance of the mobile browser market after a separate study concluded they have the power to “exercise a stranglehold” over operating systems, app stores and web browsers on mobile devices. Alphabet wasn’t involved in the lawsuit.</p><p>Judges at the Competition Appeal Tribunal ruled Friday that both the CMA’s notice and start of the consultation process happened too late. Its decision “lacks the statutory prerequisites — publication of a timely notice and commencement of a timely consultation — for a valid decision in this regard.” </p><p>“This risks substantially undermining the CMA’s ability to efficiently and effectively investigate and intervene in markets where competition is not working well,” said a CMA spokesperson. The agency is considering an appeal. </p><p style=\"text-align: start;\">An Apple spokesperson welcomed the CAT’s decision. </p></body></html>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Apple Wins Appeal to Quash the UK’s Mobile Stranglehold Probe</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nApple Wins Appeal to Quash the UK’s Mobile Stranglehold Probe\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-04-01 08:10 GMT+8 <a href=https://www.bloomberg.com/news/articles/2023-03-31/apple-wins-appeal-to-quash-the-uk-s-mobile-stranglehold-probe?srnd=technology-vp><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>IPhone maker challenged agency at UK competition tribunalCMA said the decision may undermine its investigatory powersA display of iPhone 14 smartphones at the Apple Regent Street store in London, UK....</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2023-03-31/apple-wins-appeal-to-quash-the-uk-s-mobile-stranglehold-probe?srnd=technology-vp\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"LU0170899867.USD":"EASTSPRING INVESTMENTS WORLD VALUE EQUITY \"A\" (USD) ACC","IE0004445239.USD":"JANUS HENDERSON US FORTY \"A2\" (USD) ACC","LU0109391861.USD":"富兰克林美国机遇基金A Acc","LU0238689110.USD":"贝莱德环球动力股票基金","LU0456855351.SGD":"JPMorgan Funds - Global Equity A (acc) SGD","IE00BJJMRX11.SGD":"Janus Henderson Balanced A Acc SGD","BK4534":"瑞士信贷持仓","LU0234570918.USD":"高盛全球核心股票组合Acc Close","IE00BJTD4V19.USD":"NEUBERGER BERMAN US LONG SHORT EQUITY \"A1\" (USD) ACC","LU0072462426.USD":"贝莱德全球配置 A2","LU0053666078.USD":"摩根大通基金-美国股票A（离岸）美元","IE00B775SV38.USD":"NEUBERGER BERMAN US MULTICAP OPPORTUNITIES \"A\" (USD) ACC","BK4507":"流媒体概念","BK4585":"ETF&股票定投概念","BK4533":"AQR资本管理(全球第二大对冲基金)","LU0082616367.USD":"摩根大通美国科技A（dist）","BK4566":"资本集团","BK4575":"芯片概念","LU0056508442.USD":"贝莱德世界科技基金A2","LU0256863811.USD":"ALLIANZ US EQUITY \"A\" INC","IE00BJJMRY28.SGD":"Janus Henderson Balanced A Inc SGD","IE00BBT3K403.USD":"LEGG MASON CLEARBRIDGE TACTICAL DIVIDEND INCOME \"A(USD) ACC","LU0308772762.SGD":"Blackrock Global Allocation A2 SGD-H","BK4501":"段永平概念","IE00BSNM7G36.USD":"NEUBERGER BERMAN SYSTEMATIC GLOBAL SUSTAINABLE VALUE \"A\" (USD) ACC","LU0234572021.USD":"高盛美国核心股票组合Acc","LU0417517546.SGD":"Allianz US Equity Cl AT Acc SGD","BK4550":"红杉资本持仓","LU0353189763.USD":"ALLSPRING US ALL CAP GROWTH FUND \"I\" (USD) ACC","IE0004445015.USD":"JANUS HENDERSON BALANCED \"A2\" (USD) ACC","LU0320765059.SGD":"FTIF - Franklin US Opportunities A Acc SGD","BK4573":"虚拟现实","LU0097036916.USD":"贝莱德美国增长A2 USD","BK4505":"高瓴资本持仓","IE00B1BXHZ80.USD":"Legg Mason ClearBridge - US Appreciation A Acc USD","LU0198837287.USD":"UBS (LUX) EQUITY SICAV - USA GROWTH \"P\" (USD) ACC","LU0289961442.SGD":"SUSTAINABLE GLOBAL THEMATIC PORTFOLIO \"AX\" (SGD) ACC","LU0444971666.USD":"天利全球科技基金","IE00BFSS8Q28.SGD":"Janus Henderson Balanced A Inc SGD-H","BK4170":"电脑硬件、储存设备及电脑周边","LU0149725797.USD":"汇丰美国股市经济规模基金","IE00BKVL7J92.USD":"Legg Mason ClearBridge - US Equity Sustainability Leaders A Acc USD","IE0009356076.USD":"JANUS HENDERSON GLOBAL TECHNOLOGY AND INNOVATION \"A2\" (USD) ACC","BK4528":"SaaS概念","AAPL":"苹果","IE00BLSP4239.USD":"Legg Mason ClearBridge - Tactical Dividend Income A Mdis USD Plus","BK4515":"5G概念","IE00BLSP4452.SGD":"Legg Mason ClearBridge - Tactical Dividend Income A Mdis SGD-H Plus","BK4553":"喜马拉雅资本持仓","IE00B3S45H60.SGD":"Neuberger Berman US Multicap Opportunities A Acc SGD-H"},"source_url":"https://www.bloomberg.com/news/articles/2023-03-31/apple-wins-appeal-to-quash-the-uk-s-mobile-stranglehold-probe?srnd=technology-vp","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2324990050","content_text":"IPhone maker challenged agency at UK competition tribunalCMA said the decision may undermine its investigatory powersA display of iPhone 14 smartphones at the Apple Regent Street store in London, UK.Photographer: Jason Alden/BloombergApple Inc. won its legal challenge against the UK antitrust watchdog’s investigation into its dominance of the mobile phone market, over a procedural technicality.The Big Tech firm appealed the Competition and Markets Authority’s decision to refer the firm to a full-blown market investigation following its findings in its mobile browser market study. It successfully argued that the CMA didn’t follow the rules on timings and that the probe was invalid.The CMA opened its investigation into both Apple and Google owner Alphabet Inc.’s dominance of the mobile browser market after a separate study concluded they have the power to “exercise a stranglehold” over operating systems, app stores and web browsers on mobile devices. Alphabet wasn’t involved in the lawsuit.Judges at the Competition Appeal Tribunal ruled Friday that both the CMA’s notice and start of the consultation process happened too late. Its decision “lacks the statutory prerequisites — publication of a timely notice and commencement of a timely consultation — for a valid decision in this regard.” “This risks substantially undermining the CMA’s ability to efficiently and effectively investigate and intervene in markets where competition is not working well,” said a CMA spokesperson. The agency is considering an appeal. An Apple spokesperson welcomed the CAT’s decision.","news_type":1},"isVote":1,"tweetType":1,"viewCount":210,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":9941591685,"gmtCreate":1680362579447,"gmtModify":1680400970519,"author":{"id":"4143457282161762","authorId":"4143457282161762","name":"HONEYMONEY","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4143457282161762","authorIdStr":"4143457282161762"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9941591685","repostId":"2324990050","repostType":2,"repost":{"id":"2324990050","kind":"news","pubTimestamp":1680307800,"share":"https://ttm.financial/m/news/2324990050?lang=&edition=fundamental","pubTime":"2023-04-01 08:10","market":"us","language":"en","title":"Apple Wins Appeal to Quash the UK’s Mobile Stranglehold Probe","url":"https://stock-news.laohu8.com/highlight/detail?id=2324990050","media":"Bloomberg","summary":"IPhone maker challenged agency at UK competition tribunalCMA said the decision may undermine its inv","content":"<html><head></head><body><ul><li><p>IPhone maker challenged agency at UK competition tribunal</p></li><li><p>CMA said the decision may undermine its investigatory powers</p></li></ul><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/40da889dc9ce9b30896b65a37d499efa\" alt=\"A display of iPhone 14 smartphones at the Apple Regent Street store in London, UK.Photographer: Jason Alden/Bloomberg\" title=\"A display of iPhone 14 smartphones at the Apple Regent Street store in London, UK.Photographer: Jason Alden/Bloomberg\" tg-width=\"1000\" tg-height=\"667\"/><span>A display of iPhone 14 smartphones at the Apple Regent Street store in London, UK.Photographer: Jason Alden/Bloomberg</span></p><p>Apple Inc. won its legal challenge against the UK antitrust watchdog’s investigation into its dominance of the mobile phone market, over a procedural technicality.</p><p style=\"text-align: start;\">The Big Tech firm appealed the Competition and Markets Authority’s decision to refer the firm to a full-blown market investigation following its findings in its mobile browser market study. It successfully argued that the CMA didn’t follow the rules on timings and that the probe was invalid.</p><p style=\"text-align: start;\">The CMA opened its investigation into both Apple and Google owner Alphabet Inc.’s dominance of the mobile browser market after a separate study concluded they have the power to “exercise a stranglehold” over operating systems, app stores and web browsers on mobile devices. Alphabet wasn’t involved in the lawsuit.</p><p>Judges at the Competition Appeal Tribunal ruled Friday that both the CMA’s notice and start of the consultation process happened too late. Its decision “lacks the statutory prerequisites — publication of a timely notice and commencement of a timely consultation — for a valid decision in this regard.” </p><p>“This risks substantially undermining the CMA’s ability to efficiently and effectively investigate and intervene in markets where competition is not working well,” said a CMA spokesperson. The agency is considering an appeal. </p><p style=\"text-align: start;\">An Apple spokesperson welcomed the CAT’s decision. </p></body></html>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Apple Wins Appeal to Quash the UK’s Mobile Stranglehold Probe</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nApple Wins Appeal to Quash the UK’s Mobile Stranglehold Probe\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-04-01 08:10 GMT+8 <a href=https://www.bloomberg.com/news/articles/2023-03-31/apple-wins-appeal-to-quash-the-uk-s-mobile-stranglehold-probe?srnd=technology-vp><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>IPhone maker challenged agency at UK competition tribunalCMA said the decision may undermine its investigatory powersA display of iPhone 14 smartphones at the Apple Regent Street store in London, UK....</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2023-03-31/apple-wins-appeal-to-quash-the-uk-s-mobile-stranglehold-probe?srnd=technology-vp\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"LU0170899867.USD":"EASTSPRING INVESTMENTS WORLD VALUE EQUITY \"A\" (USD) ACC","IE0004445239.USD":"JANUS HENDERSON US FORTY \"A2\" (USD) ACC","LU0109391861.USD":"富兰克林美国机遇基金A Acc","LU0238689110.USD":"贝莱德环球动力股票基金","LU0456855351.SGD":"JPMorgan Funds - Global Equity A (acc) SGD","IE00BJJMRX11.SGD":"Janus Henderson Balanced A Acc SGD","BK4534":"瑞士信贷持仓","LU0234570918.USD":"高盛全球核心股票组合Acc Close","IE00BJTD4V19.USD":"NEUBERGER BERMAN US LONG SHORT EQUITY \"A1\" (USD) ACC","LU0072462426.USD":"贝莱德全球配置 A2","LU0053666078.USD":"摩根大通基金-美国股票A（离岸）美元","IE00B775SV38.USD":"NEUBERGER BERMAN US MULTICAP OPPORTUNITIES \"A\" (USD) ACC","BK4507":"流媒体概念","BK4585":"ETF&股票定投概念","BK4533":"AQR资本管理(全球第二大对冲基金)","LU0082616367.USD":"摩根大通美国科技A（dist）","BK4566":"资本集团","BK4575":"芯片概念","LU0056508442.USD":"贝莱德世界科技基金A2","LU0256863811.USD":"ALLIANZ US EQUITY \"A\" INC","IE00BJJMRY28.SGD":"Janus Henderson Balanced A Inc SGD","IE00BBT3K403.USD":"LEGG MASON CLEARBRIDGE TACTICAL DIVIDEND INCOME \"A(USD) ACC","LU0308772762.SGD":"Blackrock Global Allocation A2 SGD-H","BK4501":"段永平概念","IE00BSNM7G36.USD":"NEUBERGER BERMAN SYSTEMATIC GLOBAL SUSTAINABLE VALUE \"A\" (USD) ACC","LU0234572021.USD":"高盛美国核心股票组合Acc","LU0417517546.SGD":"Allianz US Equity Cl AT Acc SGD","BK4550":"红杉资本持仓","LU0353189763.USD":"ALLSPRING US ALL CAP GROWTH FUND \"I\" (USD) ACC","IE0004445015.USD":"JANUS HENDERSON BALANCED \"A2\" (USD) ACC","LU0320765059.SGD":"FTIF - Franklin US Opportunities A Acc SGD","BK4573":"虚拟现实","LU0097036916.USD":"贝莱德美国增长A2 USD","BK4505":"高瓴资本持仓","IE00B1BXHZ80.USD":"Legg Mason ClearBridge - US Appreciation A Acc USD","LU0198837287.USD":"UBS (LUX) EQUITY SICAV - USA GROWTH \"P\" (USD) ACC","LU0289961442.SGD":"SUSTAINABLE GLOBAL THEMATIC PORTFOLIO \"AX\" (SGD) ACC","LU0444971666.USD":"天利全球科技基金","IE00BFSS8Q28.SGD":"Janus Henderson Balanced A Inc SGD-H","BK4170":"电脑硬件、储存设备及电脑周边","LU0149725797.USD":"汇丰美国股市经济规模基金","IE00BKVL7J92.USD":"Legg Mason ClearBridge - US Equity Sustainability Leaders A Acc USD","IE0009356076.USD":"JANUS HENDERSON GLOBAL TECHNOLOGY AND INNOVATION \"A2\" (USD) ACC","BK4528":"SaaS概念","AAPL":"苹果","IE00BLSP4239.USD":"Legg Mason ClearBridge - Tactical Dividend Income A Mdis USD Plus","BK4515":"5G概念","IE00BLSP4452.SGD":"Legg Mason ClearBridge - Tactical Dividend Income A Mdis SGD-H Plus","BK4553":"喜马拉雅资本持仓","IE00B3S45H60.SGD":"Neuberger Berman US Multicap Opportunities A Acc SGD-H"},"source_url":"https://www.bloomberg.com/news/articles/2023-03-31/apple-wins-appeal-to-quash-the-uk-s-mobile-stranglehold-probe?srnd=technology-vp","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2324990050","content_text":"IPhone maker challenged agency at UK competition tribunalCMA said the decision may undermine its investigatory powersA display of iPhone 14 smartphones at the Apple Regent Street store in London, UK.Photographer: Jason Alden/BloombergApple Inc. won its legal challenge against the UK antitrust watchdog’s investigation into its dominance of the mobile phone market, over a procedural technicality.The Big Tech firm appealed the Competition and Markets Authority’s decision to refer the firm to a full-blown market investigation following its findings in its mobile browser market study. It successfully argued that the CMA didn’t follow the rules on timings and that the probe was invalid.The CMA opened its investigation into both Apple and Google owner Alphabet Inc.’s dominance of the mobile browser market after a separate study concluded they have the power to “exercise a stranglehold” over operating systems, app stores and web browsers on mobile devices. Alphabet wasn’t involved in the lawsuit.Judges at the Competition Appeal Tribunal ruled Friday that both the CMA’s notice and start of the consultation process happened too late. Its decision “lacks the statutory prerequisites — publication of a timely notice and commencement of a timely consultation — for a valid decision in this regard.” “This risks substantially undermining the CMA’s ability to efficiently and effectively investigate and intervene in markets where competition is not working well,” said a CMA spokesperson. The agency is considering an appeal. An Apple spokesperson welcomed the CAT’s decision.","news_type":1},"isVote":1,"tweetType":1,"viewCount":210,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}
