Apple Fights Monopoly Charges in $1.8 Billion Antitrust Trial
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Apple is facing a $1.8 billion antitrust trial in the U.K., accused of monopolistic practices by charging high commissions on its App Store. The case is being heard by London's Competition Appeal Tribunal.
January 13, 2025 | 3:15 pm
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Apple is defending itself in a $1.8 billion antitrust trial in the U.K., accused of monopolistic practices related to its App Store commissions.
The antitrust trial could lead to significant financial penalties and regulatory changes for Apple, potentially affecting its revenue from the App Store. This legal challenge may negatively impact investor sentiment and AAPL's stock price in the short term.
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