How Apple could be impacted by an Amazon antitrust ruling

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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 anchor Brad Smith 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. Subscribe to Yahoo Finance: https://yhoo.it/2fGu5Bb About Yahoo Finance: At Yahoo Finance, you get free stock quotes, up-to-date news, portfolio management resources, international market data, social interaction and mortgage rates that help you manage your financial life. Yahoo Finance Plus: With a subscription to Yahoo Finance Plus get the tools you need to invest with confidence. Discover new opportunities with expert research and investment ideas backed by technical and fundamental analysis. Optimize your trades with advanced portfolio insights, fundamental analysis, enhanced charting, and more. To learn more about Yahoo Finance Plus please visit: https://yhoo.it/33jXYBp Connect with Yahoo Finance: Get the latest news: https://yhoo.it/2fGu5Bb F

Published 2023-09-30 · Watch on YouTube ↗
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