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Bull_Lion
2021-12-20

Apple is abusing its insignificant market power🤣 the lawsuit is a joke

Apple seeks dismissal of India apps market antitrust case, cites tiny market share

NEW DELHI, Dec 19 (Reuters) - Apple Inc has asked India's antitrust watchdog to throw out a case all

Apple seeks dismissal of India apps market antitrust case, cites tiny market share

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Without dominance, there can be no abuse,\" Apple said in the submission dated Nov. 16 which was signed by its Chief Compliance Officer, Kyle Andeer.</p>\n<p>\"It has already been established that Google is the dominant player in India,\" it added.</p>\n<p>Apple and the CCI did not respond to a request for comment. A spokesperson for Alphabet Inc's&nbsp;Google declined to comment when asked about Apple's assertions in the filing.</p>\n<p>The complainant in the case, a little-known non-profit group called \"Together We Fight Society\", said that Apple with iOS dominates the market for non-licensable mobile operating systems.</p>\n<p>Apple countered that in its filing, saying the entire smartphone market - which includes licensable systems like Android - is the market that should be taken into consideration.</p>\n<p>Apple also described the Indian complaint as a \"proxy filing\" in its CCI submission, saying that the complainant was \"likely acting in concert with parties with whom Apple has ongoing commercial and contractual disputes globally and/or that have complained to other regulators.\"</p>\n<p>The U.S. tech company did not give any evidence in its submission to support its claim. The non-profit told Reuters that Apple's remark was \"made to prejudice the mind\" of the CCI \"without any iota of proof.\"</p>\n<p>In the coming weeks, the CCI will review Apple's response to the allegations and could order a wider investigation or dismiss the case altogether if it finds no merit in it. Details of CCI investigations are not publicly disclosed.</p>\n<p>The CCI is separately conducting&nbsp;an investigationin&nbsp;to Google's in-app payment system as part of a broader probe into the company after Indian startups last year voiced concern.</p>\n<p>Apple's iOS powered about 2% of 520 million smartphones in India as of end-2020 with the rest using Android, according to Counterpoint Research, though it adds that Apple's smartphone base in the country has more than doubled in the last five years.</p>\n<p><b>GLOBAL ISSUE</b></p>\n<p>Apple has been grappling with similar allegations in other parts of the world. In the United States, it is locked in a&nbsp;legal battle&nbsp;with \"Fornite\" creator Epic Games over the issue and&nbsp;South Korea&nbsp;this year became the first country to ban dominant app store operators from forcing developers to use their payment systems.</p>\n<p>In&nbsp;the European Union, regulators last year started an investigation into Apple's in-app fees for distribution of paid digital content and other restrictions.</p>\n<p>Companies like Apple and Google say their fees cover the security and marketing benefits their app stores provide.</p>\n<p>In its CCI filing, Apple argued that the in-app commissions it charges are \"not unfair or excessive\" and have decreased over time, adding that it charges lower rates from small developers.</p>\n<p>\"Only a small number of large developers, many of which are multi-billion-dollar conglomerates, pay the headline rate of 30%,\" Apple said.</p>\n<p>\"Competing platforms have charged similar or higher commissions as Apple. Particularly, Google has charged a 30% commission on its app store,\" it said.</p>","source":"highlight_streetinsider","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Apple seeks dismissal of India apps market antitrust case, cites tiny market share</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nApple seeks dismissal of India apps market antitrust case, cites tiny market share\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-12-20 09:18 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.streetinsider.com/dr/news.php?id=19370610><strong>StreetInsider</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>NEW DELHI, Dec 19 (Reuters) - Apple Inc has asked India's antitrust watchdog to throw out a case alleging abuse of market power in the apps market, saying it is too small a player in the South Asian ...</p>\n\n<a href=\"https://www.streetinsider.com/dr/news.php?id=19370610\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4503":"景林资产持仓","BK4561":"索罗斯持仓","BK4505":"高瓴资本持仓","CCI":"冠城","BK4548":"巴美列捷福持仓","BK4170":"电脑硬件、储存设备及电脑周边","BK4514":"搜索引擎","AAPL":"苹果","BK4532":"文艺复兴科技持仓","BK4554":"元宇宙及AR概念","BK4515":"5G概念","BK4553":"喜马拉雅资本持仓","BK4534":"瑞士信贷持仓","BK4507":"流媒体概念","BK4533":"AQR资本管理(全球第二大对冲基金)","GOOG":"谷歌","BK4525":"远程办公概念","BK4566":"资本集团","GOOGL":"谷歌A","BK4559":"巴菲特持仓","BK4538":"云计算","BK4527":"明星科技股","BK4501":"段永平概念","BK4077":"互动媒体与服务","BK4550":"红杉资本持仓","BK4084":"特种房地产投资信托"},"source_url":"https://www.streetinsider.com/dr/news.php?id=19370610","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2192390680","content_text":"NEW DELHI, Dec 19 (Reuters) - Apple Inc has asked India's antitrust watchdog to throw out a case alleging abuse of market power in the apps market, saying it is too small a player in the South Asian country where Google is dominant, a filing seen by Reuters shows.\nThe filing was made after the Competition Commission of India (CCI) started reviewing allegations that Apple hurts competition by forcing app developers to use its proprietary system which can charge commissions of up to 30% on in-app purchases.\nApple denied the allegations in its filing to the CCI and stressed that its market share in India is an \"insignificant\" 0-5%, while Google commands 90-100% as its Android operating system powers most other smartphones.\n\"Apple is not dominant in the Indian market ... Without dominance, there can be no abuse,\" Apple said in the submission dated Nov. 16 which was signed by its Chief Compliance Officer, Kyle Andeer.\n\"It has already been established that Google is the dominant player in India,\" it added.\nApple and the CCI did not respond to a request for comment. A spokesperson for Alphabet Inc's Google declined to comment when asked about Apple's assertions in the filing.\nThe complainant in the case, a little-known non-profit group called \"Together We Fight Society\", said that Apple with iOS dominates the market for non-licensable mobile operating systems.\nApple countered that in its filing, saying the entire smartphone market - which includes licensable systems like Android - is the market that should be taken into consideration.\nApple also described the Indian complaint as a \"proxy filing\" in its CCI submission, saying that the complainant was \"likely acting in concert with parties with whom Apple has ongoing commercial and contractual disputes globally and/or that have complained to other regulators.\"\nThe U.S. tech company did not give any evidence in its submission to support its claim. The non-profit told Reuters that Apple's remark was \"made to prejudice the mind\" of the CCI \"without any iota of proof.\"\nIn the coming weeks, the CCI will review Apple's response to the allegations and could order a wider investigation or dismiss the case altogether if it finds no merit in it. Details of CCI investigations are not publicly disclosed.\nThe CCI is separately conducting an investigationin to Google's in-app payment system as part of a broader probe into the company after Indian startups last year voiced concern.\nApple's iOS powered about 2% of 520 million smartphones in India as of end-2020 with the rest using Android, according to Counterpoint Research, though it adds that Apple's smartphone base in the country has more than doubled in the last five years.\nGLOBAL ISSUE\nApple has been grappling with similar allegations in other parts of the world. In the United States, it is locked in a legal battle with \"Fornite\" creator Epic Games over the issue and South Korea this year became the first country to ban dominant app store operators from forcing developers to use their payment systems.\nIn the European Union, regulators last year started an investigation into Apple's in-app fees for distribution of paid digital content and other restrictions.\nCompanies like Apple and Google say their fees cover the security and marketing benefits their app stores provide.\nIn its CCI filing, Apple argued that the in-app commissions it charges are \"not unfair or excessive\" and have decreased over time, adding that it charges lower rates from small developers.\n\"Only a small number of large developers, many of which are multi-billion-dollar conglomerates, pay the headline rate of 30%,\" Apple said.\n\"Competing platforms have charged similar or higher commissions as Apple. Particularly, Google has charged a 30% commission on its app store,\" it said.","news_type":1},"isVote":1,"tweetType":1,"viewCount":458,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":["AAPL"],"verified":2,"subType":0,"readableState":1,"langContent":"CN","currentLanguage":"CN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"upFlag":false,"length":60,"xxTargetLangEnum":"ZH_CN"},"commentList":[],"hasMoreComment":false,"orderType":2}