We're getting closer to stopping tech giants like Apple from abusing their power | By Sally Hubbard for CNNBusiness Perspectives
We're getting closer to stopping tech giants like Apple from abusing their powerBy Sally Hubbard for CNN Business PerspectivesChat with us in Facebook Messenger. Find out what's happening in the world as it unfolds.
Sally Hubbard is director of strategic enforcement at the Open Markets Institute and a former assistant attorney general in the New York AG Antitrust Bureau. The opinions expressed in this commentary are her own. .leftside-floating-image { width:100%; display:block; margin:0 auto 1.5rem; } @media screen and { .leftside-floating-image { float:left; width:50%; max-width: 200px; display:block; margin:0 1.5rem 1rem 0; } } Of the big four tech giants, Facebook, Google and Amazon have been taking heat for abusing their market power, while Apple has been flying under the radar.
In Apple v. Pepper, the Court ruled that consumers have the right to sue Apple for charging them a 30% commission on every app sale. The plaintiffs are consumers who argued that Apple used its monopoly power to charge them more for their iPhone apps than they would have paid in a competitive market. Apple argued consumers can only sue the company that sets the retail price for antitrust damages.
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