Skip to main content

Apple, Amazon Must Face Antitrust Lawsuit for Inflating iPhones, iPads Price; Rules US Court

Apple and Amazon.com must face a consumer antitrust lawsuit in US court accusing them of conspiring to artificially inflate the price of iPhones and iPads sold on Amazon's platform, a federal judge in Seattle ruled on Thursday.

In his ruling, US District Judge John Coughenour rejected bids from Apple and Amazon to dismiss the prospective class action on various legal grounds.

Coughenour said the "validity" of the relevant market, a central issue in antitrust litigation, was a question for a jury.

The lawsuit, filed in November, is among several private and government actions challenging Amazon's online price practices. Coughenour's ruling means the case will move forward to evidence-gathering and other pretrial proceedings.

Lawyers for Apple and Amazon and representatives for the companies did not immediately respond to requests for comment on Friday.

Steve Berman, a lawyer for the plaintiffs, called the court's ruling "a major win for consumers of Apple phones and iPads."

The plaintiffs are US residents who bought new iPhones and iPads on Amazon beginning in January 2019. They contend an agreement between Apple and Amazon that went into effect that year restricted the number of competitive resellers in violation of antitrust provisions.

In 2018, according to the lawsuit, there were some 600 third-party Apple resellers on Amazon. Apple agreed to give Amazon a discount on its products if Amazon reduced the number of Apple resellers from its marketplace, the lawsuit alleged.

Apple has argued that its agreement with Amazon limited the number of authorized resellers to help minimize counterfeit Apple goods being sold on the e-commerce platform.

In a court filing, Apple's attorneys called the agreement "commonplace" and said the "Supreme Court and Ninth Circuit have routinely recognized that such agreements are procompetitive and lawful."

The judge in Seattle said "countervailing" motivations for the agreement between Apple and Amazon would be addressed later in the litigation.

Apple recorded $94.8 billion (nearly Rs. 7,81,500 crore) in sales in the second quarter, and Amazon reported $127.4 billion (nearly Rs. 10,508,00 crore) in its most recent quarterly earnings report.

The complaint seeks unspecified triple damages and other relief.

© Thomson Reuters 2023 


Apple's annual developer conference is just around the corner. From the company's first mixed reality headset to new software updates, we discuss all the things we're looking forward to seeing at WWDC 2023 on Orbital, the Gadgets 360 podcast. Orbital is available on Spotify, Gaana, JioSaavn, Google Podcasts, Apple Podcasts, Amazon Music and wherever you get your podcasts.


from Gadgets 360 https://ift.tt/3dh9m6B

Comments

Popular posts from this blog

Itel P55 With Dual Rear Cameras, 5,000mAh Battery Launched in India: Price, Specifications

Itel P55 5G was launched in India on Tuesday and it claims to be the cheapest 5G smartphone in the country. The phone is powered by an octa-core Dimensity chipset and supports wired fast charging. It carries an AI-powered dual rear camera unit and is offered in a single storage variant along with two colour options. Itel India also introduced the Itel S23+ alongside, and is a budget smartphone with a curved AMOLED display. The company is extending a two-year warranty on the handsets and is also offering free screen replacement within 100 days of purchase. Itel P55 5G price in India, availability Offered in Blue and Green colour options, the singular 8GB + 128GB variant of the Itel P55 5G is priced at Rs. 9,999. The phone will be available for purchase via Amazon India starting October 4. Itel P55 5G specifications, features Sporting a 6.6-inch HD+ (1600 x 700 pixels) display, the dual nano SIM-supported Itel P55 comes with a refresh rate of 90Hz. The phone is powered by an octa-co...

Best Smartphones of 2022

When you think of the ‘best smartphones' of the year, it's easy to just picture expensive, flagship phones. However, like every year, we've had some real standout mid-range offerings as well in 2022 that might not go toe-to-toe with proper flagships, but offer enough performance and features at much more affordable prices. Folding phones continued to get better in 2022 thanks to Samsung pioneering this segment in India, while charging speeds reached new heights. However, the big focus for all the phones on our list is cameras. We've seen smartphones with incredible zoom perfjoamcne, high-resolution sensors, and next-level video stabilisation for content creators. Depending on your budget and requirements, there's something for everyone in our list. All these smartphones have been reviewed by us and we've chosen only the best of the best, based on the ratings they received and what we felt were unique enough offerings that still stand out, even today. Here's...