5 ms·
In the short term that would impact their stock price way too much; I don't think they would pull that trigger. In the long term this stance will become untena
by rolandboon 2y ago
In the short term that would impact their stock price way too much; I don't think they would pull that trigger.
In the long term this stance will become untenable if other regions come to the same conclusions. Anti-competition investigations against Apple are currently running in:
- US (https://www.justice.gov/opa/pr/justice-department-sues-apple-monopolizing-smartphone-markets https://www.justice.gov/opa/pr/justice-department-sues-apple...)
- UK (https://www.gov.uk/cma-cases/investigation-into-apple-appstore https://www.gov.uk/cma-cases/investigation-into-apple-appsto...)
- Japan (https://english.kyodonews.net/news/2024/06/bc2d7f45d456-japan-enacts-law-to-curb-apple-googles-app-dominance.html https://english.kyodonews.net/news/2024/06/bc2d7f45d456-japa...)
Australia (https://www.accc.gov.au/media-release/new-competition-laws-needed-in-response-to-expansion-of-digital-platforms https://www.accc.gov.au/media-release/new-competition-laws-n...) and India (https://www.reuters.com/technology/google-amazon-apple-lobby-group-opposes-indias-eu-like-antitrust-proposal-2024-05-28/ https://www.reuters.com/technology/google-amazon-apple-lobby...) will follow soon.