Apple Must Face iPhone App Antitrust Suit, Supreme Court Rules
- Consumers say Apple uses dominance to overcharge app buyers
- Kavanaugh joins Supreme Court’s liberals in 5-4 majority
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Consumers can press ahead with a lawsuit that accuses Apple Inc. of using its market dominance to artificially inflate prices at its App Store, the U.S. Supreme Court ruled.
The 5-4 decision Monday could add to pressure the company faces to cut the 30% commission it charges on app sales. Lawyers pressing the case have said they will seek hundreds of millions of dollars on behalf of overpaying consumers. Apple fell 5.7% to $185.92 at 3:24 p.m. in New York.