Home > Boards > US Listed > Computers - Hardware > Apple Inc. (AAPL)

Apple Would Be Barred From Pre-Installing Its Apps

Public Reply | Private Reply | Keep | Last ReadPost New MsgReplies (1) | Next 10 | Previous | Next
DiscoverGold Member Profile
Member Level 
Followed By 573
Posts 77,724
Boards Moderated 44
Alias Born 03/10/04
160x600 placeholder
Apple stock price up 1.69% on Wednesday StockInvest.us - 9/22/2021 8:08:29 PM
Microsoft shows off revamped line of Surface devices Seeking Alpha - 9/22/2021 3:55:42 PM
Green day on Tuesday for Apple stock after gaining 0.34% StockInvest.us - 9/21/2021 8:08:37 PM
Facebook debuts new portable Portal video device Seeking Alpha - 9/21/2021 1:52:57 PM
Healthcare Technologies Spearheading Modern Medicine Movement, Providing Hope to Throttle Diabetes, Obesity NetworkNewsWire - 9/21/2021 8:45:00 AM
Apple stock price down 2.14% on Monday StockInvest.us - 9/20/2021 8:10:16 PM
Apple’s global hit comedy series “Ted Lasso” scores history-making win for Outstanding Comedy Series at the 2021 Primetime Emmy Awards Business Wire - 9/20/2021 1:38:00 AM
Red day on Friday for Apple StockInvest.us - 9/17/2021 8:09:49 PM
Facebook updates business tools after Apple update hurts targeted ads Seeking Alpha - 9/17/2021 7:55:22 AM
Red day on Thursday for Apple stock after losing 0.16% StockInvest.us - 9/16/2021 8:08:15 PM
Green day on Wednesday for Apple StockInvest.us - 9/15/2021 8:10:29 PM
Apple: Awaiting Tim Cook’s ‘One More Thing’ Moment TipRanks - 9/15/2021 2:24:29 PM
Evaluation of Apple stock downgraded after the last trading session. StockInvest.us - 9/14/2021 8:10:20 PM
Apple supplier stocks dip after iPhone 13 launch event Seeking Alpha - 9/14/2021 4:24:24 PM
AT&T jumps at promotion, offering new iPhone free in bid for users Seeking Alpha - 9/14/2021 3:51:29 PM
Apple Reveals Apple Watch Series 7, Featuring a Larger, More Advanced Display Business Wire - 9/14/2021 2:16:00 PM
Apple Fitness+ Welcomes People at Every Fitness Level to Train Their Bodies and Minds with Meditation and New Workouts Available September 27 Business Wire - 9/14/2021 2:16:00 PM
Apple Unveils iPhone 13 Pro and iPhone 13 Pro Max — More Pro Than Ever Before Business Wire - 9/14/2021 2:16:00 PM
Apple Introduces iPhone 13 and iPhone 13 mini, Delivering Breakthrough Camera Innovations and a Powerhouse Chip with an Impressive Leap in Battery Life Business Wire - 9/14/2021 2:16:00 PM
Apple Unveils New iPad mini with Breakthrough Performance in Stunning New Design Business Wire - 9/14/2021 1:21:00 PM
Apple’s Most Popular iPad Delivers Even More Performance and Advanced Features Business Wire - 9/14/2021 1:21:00 PM
Apple launch event: refreshed iPad with faster processor for $329 Seeking Alpha - 9/14/2021 1:19:24 PM
Amazon CEO pushes back on monopoly charges, doesn't like Big Tech label Seeking Alpha - 9/14/2021 11:58:53 AM
Playing Yo-Yo: Market Swings Up And Down Amid Lack Of Major Data, Earnings Benzinga - 9/14/2021 10:38:21 AM
Stronger technical forecast for Apple stock price after Monday trading. StockInvest.us - 9/13/2021 8:09:50 PM
DiscoverGold Member Level  Wednesday, 06/16/21 03:55:53 PM
Re: None
Post # of 143390 
Apple Would Be Barred From Pre-Installing Its Apps Under Proposed U.S. Law
By: TheStreet | June 16, 2021

• Rep. David Cicilline (D-Rhode Island) says that under a proposed bill he backs, Apple wouldn’t be barred from pre-installing its own apps on its own devices.

Apple (AAPL) wouldn’t be able to pre-install its own apps on its own devices if a congressional bill introduced last week passes, Rep. David Cicilline (D-Rhode Island) said on Wednesday.

Cicilline is a prime mover behind several antitrust bills introduced last week that are meant to limit big U.S. technology companies, such as Apple, Amazon (AMZN), Alphabet (GOOGL) and Facebook (FB).

One of the bills bans tech companies from giving a leg up to their own products against those of competitors. That would prevent Apple from selling devices with pre-installed versions of its apps, Cicilline told reporters, according to Bloomberg.

“It would be equally easy to download the other five apps as the Apple one, so they’re not using their market dominance to favor their own products and services,” he said.

Apple stock recently traded at $129.25, down 0.3%. That compares with a 1.13% slide for the Nasdaq Composite. Apple has gained 5% in the past three months.

One of the bills introduced last week would make the tech titans split in two or drop their private-label products.

"Unregulated tech monopolies have too much power over our economy," Cicilline, chairman of the House Judiciary Subcommittee on Antitrust, said Friday. "They are in a unique position to pick winners and losers. … Our agenda will level the playing field."

In other Amazon news, European Union regulators have recommended fining it more than $425 million for violating privacy law, sources told The Wall Street Journal.

Read Full Story »»»

DiscoverGold

Information posted to this board is not meant to suggest any specific action, but to point out the technical signs that can help our readers make their own specific decisions. Caveat emptor!
• DiscoverGold
Public Reply | Private Reply | Keep | Last ReadPost New MsgReplies (1) | Next 10 | Previous | Next
Follow Board Follow Board Keyboard Shortcuts Report TOS Violation
X
Current Price
Change
Volume
Detailed Quote - Discussion Board
Intraday Chart
+/- to Watchlist
Consent Preferences