Odd class action suit; hope th

Like
Comment
Favorite

BigBlueBear
2022-07-19

Odd class action suit; hope the lawsuit is not upheld

Apple Sued In Massive Antitrust Class Action Lawsuit Related To Apple Pay

Apple Inc has been slapped with a massive antitrust class-action lawsuit, accusing the company of il

Apple Sued In Massive Antitrust Class Action Lawsuit Related To Apple Pay

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

Top
Latest

No comments yet

Most Discussed

Terms and Conditions·Privacy Policy

Company: TTMF Limited. Tech supported by Xiangshang Yixin.

Email：uservice@ttm.financial

{"i18n":{"language":"en_US"},"data":{"magic":2,"id":9075257263,"tweetId":"9075257263","gmtCreate":1658210411552,"gmtModify":1676536122950,"author":{"id":4094591442208400,"authorId":4094591442208400,"authorIdStr":"4094591442208400","name":"BigBlueBear","avatar":"https://static.tigerbbs.com/b9439248905692db96a03fb5244f3a6c","vip":1,"userType":1,"introduction":"","boolIsFan":false,"boolIsHead":false,"crmLevel":4,"crmLevelSwitch":1,"currentWearingBadge":{"badgeId":"a83d7582f45846ffbccbce770ce65d84-1","templateUuid":"a83d7582f45846ffbccbce770ce65d84","name":"Real Trader","description":"Completed a transaction","bigImgUrl":"https://static.tigerbbs.com/2e08a1cc2087a1de93402c2c290fa65b","smallImgUrl":"https://static.tigerbbs.com/4504a6397ce1137932d56e5f4ce27166","grayImgUrl":"https://static.tigerbbs.com/4b22c79415b4cd6e3d8ebc4a0fa32604","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2021.12.29","individualDisplayEnabled":0},"individualDisplayBadges":[],"starInvestorFlag":false},"themes":[],"images":[],"coverImages":[],"extraTitle":"","html":"<html><head></head><body><p>Odd class action suit; hope the lawsuit is not upheld&nbsp;</p></body></html>","htmlText":"<html><head></head><body><p>Odd class action suit; hope the lawsuit is not upheld&nbsp;</p></body></html>","text":"Odd class action suit; hope the lawsuit is not upheld","highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"link":"https://ttm.financial/post/9075257263","repostId":1144390397,"repostType":2,"repost":{"id":"1144390397","pubTimestamp":1658194803,"share":"https://www.laohu8.com/m/news/1144390397?lang=&edition=full","pubTime":"2022-07-19 09:40","market":"us","language":"en","title":"Apple Sued In Massive Antitrust Class Action Lawsuit Related To Apple Pay","url":"https://stock-news.laohu8.com/highlight/detail?id=1144390397","media":"Benzinga","summary":"Apple Inc has been slapped with a massive antitrust class-action lawsuit, accusing the company of il","content":"<html><head></head><body><ul><li><b>Apple Inc</b> has been slapped with a massive antitrust class-action lawsuit, accusing the company of illegally profiting from payment card issuers through its Apple Pay policies.</li><li>The class action lawsuit was submitted to the U.S. District Court for the Northern District of California.</li><li>AAPL is reportedly violating federal antitrust law by collecting up to $1 billion annually, according to lawyers at Hagens Berman and Sperling &amp; Slater.</li><li>The iPhone maker &#34;exercises its market power in the device markets by requiring that consumers of its mobile devices also acquire its mobile wallet -- Apple Pay -- and prevents consumers from using competing mobile wallets capable of offering competing tap and pay solutions,&#34; according to the complaint by Affinity Credit Union, cited Bloomberg.</li><li>The antitrust violations come two-fold; firstly, Apple has unlawfully linked two of its products – mobile devices and its proprietary mobile wallet – compelling iOS users to use Apple Pay and foreclosing rival tap-and-pay options exclusively.</li><li>Secondly, Apple unlawfully monopolizes the market for tap-and-pay mobile wallets on iOS.</li><li><b>Price Action:</b> AAPL shares are trading lower by 2.06%.</li></ul></body></html>","source":"lsy1606299360108","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 Sued In Massive Antitrust Class Action Lawsuit Related To Apple Pay</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 Sued In Massive Antitrust Class Action Lawsuit Related To Apple Pay\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-07-19 09:40 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.benzinga.com/news/22/07/28105927/apple-sued-in-massive-antitrust-class-action-lawsuit-related-to-apple-pay><strong>Benzinga</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Apple Inc has been slapped with a massive antitrust class-action lawsuit, accusing the company of illegally profiting from payment card issuers through its Apple Pay policies.The class action lawsuit ...</p>\n\n<a href=\"https://www.benzinga.com/news/22/07/28105927/apple-sued-in-massive-antitrust-class-action-lawsuit-related-to-apple-pay\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果"},"source_url":"https://www.benzinga.com/news/22/07/28105927/apple-sued-in-massive-antitrust-class-action-lawsuit-related-to-apple-pay","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1144390397","content_text":"Apple Inc has been slapped with a massive antitrust class-action lawsuit, accusing the company of illegally profiting from payment card issuers through its Apple Pay policies.The class action lawsuit was submitted to the U.S. District Court for the Northern District of California.AAPL is reportedly violating federal antitrust law by collecting up to $1 billion annually, according to lawyers at Hagens Berman and Sperling & Slater.The iPhone maker \"exercises its market power in the device markets by requiring that consumers of its mobile devices also acquire its mobile wallet -- Apple Pay -- and prevents consumers from using competing mobile wallets capable of offering competing tap and pay solutions,\" according to the complaint by Affinity Credit Union, cited Bloomberg.The antitrust violations come two-fold; firstly, Apple has unlawfully linked two of its products – mobile devices and its proprietary mobile wallet – compelling iOS users to use Apple Pay and foreclosing rival tap-and-pay options exclusively.Secondly, Apple unlawfully monopolizes the market for tap-and-pay mobile wallets on iOS.Price Action: AAPL shares are trading lower by 2.06%.","news_type":1},"isVote":1,"tweetType":1,"viewCount":407,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"upFlag":false,"length":44,"xxTargetLangEnum":"ORIG"},"commentList":[],"hasMoreComment":false,"orderType":2}