A PYMNTS Company

US: Apple wants case alleging iPhone app monopoly tossed

By  |  March 6, 2013

Apple Inc. has reportedly requested that a judge toss a case accusing the company of holding a monopoly concerning its iPhone applications. A consumer lawsuit was filed by attorneys in 2011 arguing that Apple forces higher prices on its consumers, who cannot go anywhere else but the Apple App Store to buy applications for their phone. The case also alleges that the higher prices stem from the company forcing its app developers to pay Apple 30 percent of the application’s price. Apple’s attorney, however, argues the company does not violate any antitrust law as Apple does not control the price set for applications and that, while Apple may have created a closed market, there is nothing illegal about its practices.

 

Full Content: Bloomberg

Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.