Apple Faces Multibillion-Euro Dutch Class Action Over App Sales

65
4
Favorite

Apple Faces Multibillion-Euro Dutch Class Action Over App Sales

Bloomberg2022-03-29

Dutch foundation alleges iphone maker abused ‘monopoly’Case is latest to target the firms’ control over apps paymentsPhotographer: Daniel Acker/BloombergApple Inc. was targeted by a Dutch class action...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Report

Comment（4）

SSVC
·2022-03-30
K
Reply
2
Report
RT126
·2022-03-29
Not sure why this kind of news will be reflected after digested by the investors. Hence will come downabit in this week, and then will rally up! I hold my horses 1st
Reply
Like
Report
JiaocyTi
·2022-03-29
321
Reply
1
Report
kneegears123
·2022-03-29
New high soon? 🤔🤔🤔
Reply
1
Report

Most Discussed

7x24

All

Terms and Conditions·Privacy Policy

Company: TTMF Limited. Tech supported by Xiangshang Yixin.

Email：uservice@ttm.financial

{"i18n":{"language":"en_US"},"data":{"share":"https://ttm.financial/m/news/1118249054?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2022-03-29 21:15","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1118249054","market":"us","top_or_hot":-1,"title":"Apple Faces Multibillion-Euro Dutch Class Action Over App Sales","media":"Bloomberg","content":"<div>\n<p>Dutch foundation alleges iphone maker abused ‘monopoly’Case is latest to target the firms’ control over apps paymentsPhotographer: Daniel Acker/BloombergApple Inc. was targeted by a Dutch class action...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2022-03-29/apple-faces-multibillion-euro-dutch-class-action-over-app-sales?srnd=technology-vp\">Source Link</a>\n\n</div>\n","source":"lsy1584095487587","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 Faces Multibillion-Euro Dutch Class Action Over App Sales</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; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\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 Faces Multibillion-Euro Dutch Class Action Over App Sales\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-03-29 21:15 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2022-03-29/apple-faces-multibillion-euro-dutch-class-action-over-app-sales?srnd=technology-vp><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Dutch foundation alleges iphone maker abused ‘monopoly’Case is latest to target the firms’ control over apps paymentsPhotographer: Daniel Acker/BloombergApple Inc. was targeted by a Dutch class action...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2022-03-29/apple-faces-multibillion-euro-dutch-class-action-over-app-sales?srnd=technology-vp\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"AAPL","symbol_name":"苹果","start_time":0,"source_url":"https://www.bloomberg.com/news/articles/2022-03-29/apple-faces-multibillion-euro-dutch-class-action-over-app-sales?srnd=technology-vp","article_id":"1118249054","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1118249054","pubTimestamp":1648559733,"sourceInfo":{"source_id":"lsy1584095487587","name":"Bloomberg"},"weMediaInfo":null,"summary":"Dutch foundation alleges iphone maker abused ‘monopoly’Case is latest to target the firms’ control o","collect":0,"end_time":0,"defaultTopTitle":"bloomberg.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"AAPL":"苹果"},"translate_title":"苹果因应用销售面临数十亿欧元的荷兰集体诉讼","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"AAPL":0.9},"content_text":"Dutch foundation alleges iphone maker abused ‘monopoly’Case is latest to target the firms’ control over apps paymentsPhotographer: Daniel Acker/BloombergApple Inc. was targeted by a Dutch class action lawsuit claiming multibillion-euro damages as the iphone maker’s legal battles over apps and in-app purchases continue to mount.Apple “has taken advantage of its monopoly position” with its 30% fee for every sale from app developers, forcing them to increase their prices, the Consumer Competition Claims Foundation said in a press release on Tuesday.The foundation claims the potential harm could add up to nearly 5 billion euros ($5.5 billion). Apple didn’t immediately respond to a request for comment.The U.S. tech giant has been in the crosshairs of regulators and across the world including the European Union over the power it wields over over app sales and payments. Apple faced a similar lawsuit in London last year over claims it overcharged nearly 20 million U.K. customers for App Store purchases. Meanwhile in the U.S., Apple is still fighting Epic Games Inc., the maker of Fortnite, over its claims that Apple’s app distribution marketplace is a monopoly.The Dutch case comes on the heels of the nation’s antitrust authority fining Apple 50 million euros for rule-breaking in a dispute over payment systems for dating applications. The Authority for Consumers & Markets said on Monday that it is reviewing Cupertino, California-based Apple’s new proposal to fully comply with an order to offer payments outside the app store to dating app providers.The Dutch foundation called on all EU consumers who have bought an app in the App Store or made an Apple in-app purchase since Sept. 2009 to join its class action to be filed in in the Amsterdam District Court. It has enlisted the legal services of international law firm Scott + Scott to handle the claim.","kind":null,"is_publish_news":true,"is_publish_highlight":true,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":9019569914,"gmtCreate":1648609723562,"gmtModify":1676534364491,"author":{"id":"3574906731000207","authorId":"3574906731000207","name":"SSVC","avatar":"https://static.tigerbbs.com/545a5ea462ff4ac7cc100bd3d8d97f72","vip":1,"crmLevel":3,"crmLevelSwitch":0,"idStr":"3574906731000207","authorIdStr":"3574906731000207"},"htmlText":"K","listText":"K","text":"K","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9019569914","repostId":1118249054,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9019128751,"gmtCreate":1648561955017,"gmtModify":1676534354348,"author":{"id":"4095412450481050","authorId":"4095412450481050","name":"RT126","avatar":"https://static.tigerbbs.com/71bd4d86dba111820dfaead92c1969c1","vip":1,"hat":"https://static.tigerbbs.com/b073a07f77dbe6b3bec6b12311fde6bd","crmLevel":1,"crmLevelSwitch":1,"idStr":"4095412450481050","authorIdStr":"4095412450481050"},"htmlText":"Not sure why this kind of news will be reflected after digested by the investors. Hence will come downabit in this week, and then will rally up! I hold my horses 1st","listText":"Not sure why this kind of news will be reflected after digested by the investors. Hence will come downabit in this week, and then will rally up! I hold my horses 1st","text":"Not sure why this kind of news will be reflected after digested by the investors. Hence will come downabit in this week, and then will rally up! I hold my horses 1st","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9019128751","repostId":1118249054,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9019162423,"gmtCreate":1648561194008,"gmtModify":1676534354155,"author":{"id":"3581742924827239","authorId":"3581742924827239","name":"JiaocyTi","avatar":"https://static.tigerbbs.com/c16d760078e396b46033bc97afede0c8","vip":1,"crmLevel":1,"crmLevelSwitch":0,"idStr":"3581742924827239","authorIdStr":"3581742924827239"},"htmlText":"321","listText":"321","text":"321","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9019162423","repostId":1118249054,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9019163254,"gmtCreate":1648560867300,"gmtModify":1676534353919,"author":{"id":"4100624467118500","authorId":"4100624467118500","name":"kneegears123","avatar":"https://static.itradeup.com/news/6f568896b5adef167052eca0ab5a2a07","vip":1,"crmLevel":3,"crmLevelSwitch":0,"idStr":"4100624467118500","authorIdStr":"4100624467118500"},"htmlText":"New high soon? 🤔🤔🤔","listText":"New high soon? 🤔🤔🤔","text":"New high soon? 🤔🤔🤔","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9019163254","repostId":1118249054,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"hasMoreComments":true,"newsSizeData":{"likeSize":65,"commentSize":4,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false}}