How Apple could be affected by Amazon's antitrust ruling

61,993 次觀看・2 個月前

Amazon (AMZN) is facing an antitrust lawsuit from the FTC that could have sweeping effects across the tech industry. Apple (APPL) is one of the tech giants that could be hit if the FTC wins its suit. D.A. Davidson Managing Director and Senior Research Analyst Tom Forte joins Yahoo Finance to break down what Apple and other tech companies could face after the trial.

Forte explains concerns for Apple, noting it's "employing anticompetitive practices with its 30% fee it charges for app sellers on its platform," suggesting that the iPhone developer may be another target for an antitrust investigation.

For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.