Young Research & Publishing Inc.

Investment Research Since 1978

Disclosure

  • About Us
    • Contributors
    • Archives
    • The Final Richard C. Young’s Intelligence Report
    • You’ve Read The Last Issue of Intelligence Report, Now What?
    • Dick Young’s Research Key: Anecdotal Evidence Gathering
    • Crisis at Vanguard
  • Investment Analysis
    • Bonds
    • Currencies and Gold
    • Dividend Investing
    • ETFs & Funds
    • Investment Strategy
    • Retirement Investing
    • Stocks
    • The Efficient Frontier
  • Investment Counsel
  • Dynamic Maximizers®
  • Retirement Compounders®
  • Free Email Signup
  • Dick Young’s Safe America

Apple Loses at the Supreme Court

May 13, 2019 By Young Research

Finished and occupied in 1935, the design of the Supreme Court draws upon the classical Roman temple form, making it a definitive example of neoclassical architecture.

A host of lawsuits may be headed Apple’s way as it has lost a Supreme Court case today. The case itself was over whether or not Apple can be sued by customers of the company’s App Store. The technology giant lost in a 5-4 decision in which Judge Brett Kavanaugh joined the traditionally liberal judges. CNBC reports:

The Supreme Court on Monday ruled 5-4 against Apple in a case involving its signature electronic marketplace, the App Store, allowing iPhone users to move forward with their suit against the company.

The iPhone users argued that Apple’s 30% commission on sales through the App Store was passed along to consumers, an unfair use of monopoly power.

Apple argued that only app developers, and not users, should be able to bring such a lawsuit. But the Supreme Court, in an opinion authored by Justice Brett Kavanaugh, rejected that claim.

“Apple’s line-drawing does not make a lot of sense, other than as a way to gerrymander Apple out of this and similar lawsuits,” Kavanaugh wrote.

Shares of Apple, already battered by trade concerns, were down more than 5%, lagging the broader market. The result was widely expected after arguments in November, during which the justices seemed skeptical of Apple’s arguments.

The legal battle over the company’s online marketplace has dragged on for nearly a decade. Hundreds of millions of dollars in penalties could hang on the outcome.

Read more here.

The full decision can be read here:

[pdf-embedder url=”https://www.youngresearch.com/wp-content/uploads/2019/05/apple-vs-pepper.pdf” title=”apple vs pepper”]

Share this:

  • Email
  • Twitter
  • Facebook

You Might Also Like:

  • Apple Loses its Edge?
  • Landmark E-Commerce Decision by the Supreme Court
  • Apple Stops Listening to You
  • Author
  • Recent Posts
Young Research
Latest posts by Young Research (see all)
  • Amazon Sneaking Up on Google and Facebook Ad Share - April 8, 2021
  • Businesses Optimistic As States Ease COVID-19 Restrictions - April 6, 2021
  • Germany Finds AstraZeneca Too Risky for People Under 60 - March 30, 2021

Search Young Research

Most Popular

  • It’s as Simple as 4%? No, Not Anymore
  • Is Inflation Imminent? Prepare Now
  • Your Port Against a Storm.
  • Vanguard Wellesley (VWINX) vs. Wellington (VWELX): Which Fund is Best?
  • Long Live the Dividend King
  • Inflation? Yes.
  • Fidelity Investments #1: Hires 4,000 Focuses on YOU
  • The Power of a Compound Interest Table
  • The Highest Yielding Dow Stocks
  • Banks Prepare for Boom

Don’t Miss

Default Risk Among the Many Concerns with Annuities

Risk and Reward: An Efficient Frontier

How to be a Billionaire: Proven Strategies from the Titans of Wealth

Could this Be the Vanguard GNMA Winning Edge?

Cryptocosm and Life After Google

Warning: Avoid Mutual Fund Year End Distributions

Is Gold a Good Long-term Investment?

How to Invest in Gold

Vanguard Wellington (VWELX): The Original Balanced Fund

What is the Best Gold ETF for Investing and Trading?

Procter & Gamble (PG) Stock: The Only True Dividend King

The Dividend King of the North

You’ll Love This if You’re Dreaming of an Active Retirement Life

RSS The Latest at Richardcyoung.com

  • The Vanguard Wellesley Way
  • Toilet Paper and SPAM: What More You Can Do?
  • Incentivizing People to Stay Home?
  • The Government Cannot Constitutionally Interfere With Gun Ownership
  • French Wine Weather Disaster Worse than 1991, 1997, 2003
  • Key West Breaking News from Dick Young
  • A Pitiful, Helpless Giant?
  • What Happens When Even Logic and Facts Can’t Persuade the Left?
  • Don’t Miss the Boat: Meet Your Money Stewards
  • Hit Piece on Gov. Ron DeSantis Is the End of 60 Minutes’ Credibility

About Us

  • About Young Research
  • Archives
  • Contributors

Our Partners

  • Richard C. Young & Co.
  • Richardcyoung.com

Copyright © 2021 | Terms & Conditions

loading Cancel
Post was not sent - check your email addresses!
Email check failed, please try again
Sorry, your blog cannot share posts by email.