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Fri23Oct2020

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Apple Stock Tumbles on Double Blow From App Store Lawsuit and Trade War InvestorPlace

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Yesterday afternoon, the Supreme Court upheld a lower court’s ruling, allowing an antitrust lawsuit against Apple (NASDAQ: AAPL ) to proceed. The Supreme Court’s decision means consumers can proceed with a lawsuit that claims the App Store is a monopoly, and Apple’s 30% cut of app fees results in inflated prices.


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