U.S. top court mulls Apple's App Store commissions in antitrust case
The U.S. Supreme Court on Monday agreed to take up Apple Inc's bid to escape a lawsuit accusing it of breaking federal antitrust laws by monopolizing the market for iPhone software applications and causing consumers to pay more than they should.
The justices said they would hear Apple's appeal of a lower court's ruling that revived the proposed class-action lawsuit by iPhone buyers over commissions that the Cupertino, California-based technology company receives through its App Store.
The case could expand the threat of antitrust damages against companies in the rapidly growing field of electronic commerce, which generates hundreds of billions of dollars annually in U.S. retail sales.
President Donald Trump's administration backed Apple and urged the justices to take the case.
Also at The Hill and The Register.
(Score: 2) by shortscreen on Tuesday June 19 2018, @07:37PM (1 child)
So in khallow's world, the CFPB is more frightening than the CIA and the military industrial complex, the latter being merely hypothetical, short-term threats to democracy. Very interesting.
Congress is always to blame anyway, whether it's the CFPB or the AUMF. Congress is bought and paid for. Nobody but their owners expect anything from them and they actively avoid doing their job by delegating their authority. When the executive branch runs amok (with or without direction straight from the president) Congress are the ones that should be doing something about it.
(Score: 1) by khallow on Wednesday June 20 2018, @06:50AM
Yes, and it should be in shortscreen's world too. The CFPB is a precedent for creating all sorts of unaccountable, powerful government entities in the US, which at present is the most powerful government in a variety of ways in the world. not least through its military and intelligence services.
Exactly. It is worse for that reason alone.
Obama had veto power.
Create an intelligence version of the CFPB and you'll know who the owner of Congress is.
CFPB almost became something that wasn't accountable to either the legislative or executive branch.