Supreme Court lets suit allege App Store prices rise due to fees
The Supreme Court allowed an antitrust case accusing Apple of overcharging for iPhone apps to proceed, ruling consumers can sue Apple over app prices despite Apple’s role as a pipeline. The decision hints at possible cuts to commission rates and compounds Apple’s existing market pressures amid plunging iPhone sales and European probes.
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Neil Gorsuch
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Spotify
The
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European Commission
Netflix
Macquarie Securities
Ben Schachter
Schachter
Supreme Court passes on Rosa Parks coat dispute
The U S Supreme Court declined to hear an appeal over Rosa Parks coat ownership. Trustees allege relatives backed out of a deal to return the wool coat from Parks 1955 Montgomery arrest. A niece says she does not have the garment.
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Stocks Of Local Interest Close Higher on Mixed Markets
The Dow closed at 25324.99 and the Nasdaq at 7647.02 with notable gains in the day’s trading. Stocks of local interest moved as market indices shifted, posting a 2.38 point advance for some components and a 3.41 point rise for others, reflecting cautious investor sentiment.
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