澳洲幸运5官方开奖结果体彩网

Judge Finds Apple Violated Antitrust Ruling

The Apple logo is displayed on the facade of the Apple flagship store in Shanghai, China.

CFOTO / Future Publishing / Getty Images

KEY TAKEAWAYS

  • A federal judge said Apple violated an antitrust ruling linked to the tech firm’s control over its App Store and ordered it to loosen restrictions.
  • U.S. District Judge Yvonne Gonzalez Rogers also criticized Apple CEO Tim Cook and alleged another executive lied under oath.
  • Apple, which reports second-quarter earnings after the bell, said it would appeal.

A federal judge said Apple (AAPL) violated an antitrust ruling linked to the tech firm’s control over its App Store and ordered it to loosen restrictions.Apple, which reports 澳洲幸运5官方开奖结果体彩网:second-quarter earnings after the bell, said it would appeal.

Judge Yvonne Gonzalez Rogers of the U.S. District Court for the Northern District of California criticized Apple for failing to comply with a previous ruling 💯that Apple cannot block developers from directing users to alternative payment options. She also criticized Apple CEO Tim Cook and alleged another executive lied under oath.

“Apple willfully chose not to comply with thi𒁃s court’s injunction,” Judge Yvonne Gonzalez ꦇRogers said. “It did so with the express intent to create new anticompetitive barriers.”

She said Apple “thwarted the Injunction’s goals, and continued its anticompetitive conduct solely to ma♊intain its revenue stream.”

"We strongly disagree with the decision," an Apple spokesperson told Investopedia. "We will comply with the court’s order and we will appeal.”

The ruling follows a 澳洲幸运5官方开奖结果体彩网:multiyear antitrust case brought by videogame developer Epic Games that sought to change how Apple charges third-party developers on its App Store. In the earlier ruling, Judge Gonzales Rogers had ordered Apple to allow developers to direct users to alternate payment methods that would avoid Apple's 30% commission rate. The Court explicitly found that “Apple’s initial [commission] rate of 30%... has apparently allowed it to reap supracompetitive operating margins,” the ruling said.

Oppenheimer analysts said this week's "landmark decision" could have a "moderate negative impact on Apple's Service revenue and operating income."

Do you have a news tip for Investopedia reporters? Please email us at
Article Sources
Investopedia requires writers to use primary sources to support their work. These include white papers, government data, original reporting, and interviews with industry experts. We also reference original research from other reputable publishers where appropriate. You can learn more about the standards we follow in producing accurate, unbiased content in our editorial policy.
  1. CourtListener. ".”

  2. Oppenheimer. “Apple Inc. (AAPL - $212.50): Updated Thoughts on "App Store Tax" and Its Financial Impact.”

Compare Accounts
The offers that appear in this table are from partnerships from which Investopedia receives compensation. This compensation may impact how and where listings appear. Investopedia does not include all offers available in the marketplace.

Related Articles