• Investing
  • Stock
  • Editor’s Pick
  • Economy
The Significant Deals
Stock

UK consumer group takes on Apple over iCloud service

by November 14, 2024
written by November 14, 2024

LONDON (Reuters) – British consumer group Which? will launch legal action against Apple (NASDAQ:AAPL) on Thursday, alleging the tech giant breached competition law by effectively locking millions of its customers into its iCloud service.

Which? said Apple encouraged its users to sign up to iCloud to store photos, videos and other data while making it difficult to use alternative providers.

Customers then had to pay for the service once their data exceeded the free 5GB limit, it said.

Which? said the resulting lack of competition had led to consumers being overcharged, by up to 13.36 pounds ($16.98) this year, through their monthly iCloud subscription.

Apple said in a statement its customers were not required to use iCloud and many used third-party alternatives.

“We reject any suggestion that our iCloud practices are anticompetitive and will vigorously defend against any legal claim otherwise,” it said.

About 40 million Apple customers in Britain who have obtained iCloud services over the last nine years could be entitled to a payout if the claim is successful, Which? said.

Its Chief Executive Anabel Hoult said the group believed Apple customers were owed nearly 3 billion pounds as a result of the tech giant forcing its iCloud services on customers.  

“Taking this legal action means we can help consumers to get the redress that they are owed, deter similar behaviour in the future and create a better, more competitive market,” she said.

Which? said it would file the claim with the Competition Appeal Tribunal.

($1 = 0.7870 pounds)

This post appeared first on investing.com
0 comment
0
FacebookTwitterPinterestEmail

previous post
Dollar at one-year high as Trump trade momentum eclipses Fed easing view
next post
Asia’s airlines blame supply chain woes for disrupted operations

You may also like

BASF results down on impairments, restructuring

January 27, 2025

Nasdaq futures tumble as China’s AI push rattles...

January 27, 2025

European chipmakers slump as traders gauge DeepSeek AI...

January 27, 2025

China Vanke’s CEO, chairman resign amid growing liquidity...

January 27, 2025

Fuji Media, rocked by sexual misconduct allegations, says...

January 27, 2025

Italy’s MPS shares fall ahead of Mediobanca board...

January 27, 2025

British Land stock drops following stake sale

January 27, 2025

UMG shares rally after new multi-year pact with...

January 27, 2025

BASF shares indicated 3% lower as impairments drag...

January 27, 2025

Ryanair cuts 2026 traffic forecast amid ongoing Boeing...

January 27, 2025
Fill Out & Get More Relevant News








    Stay ahead of the market and unlock exclusive trading insights & timely news. We value your privacy - your information is secure, and you can unsubscribe anytime. Gain an edge with hand-picked trading opportunities, stay informed with market-moving updates, and learn from expert tips & strategies.

    Recent Posts

    • Procter & Gamble to cut 7,000 jobs as part of broader restructuring

      June 6, 2025
    • Shein and Temu see U.S. demand plunge as loophole for cheap goods closes

      June 6, 2025
    • Shein and Temu see U.S. demand plunge as loophole for cheap goods closes

      June 5, 2025
    • This California startup is cleaning water and removing CO₂ from the atmosphere — all at a reduced cost

      June 5, 2025

    Categories

    • Economy (245)
    • Editor's Pick (3,646)
    • Investing (504)
    • Stock (6,426)

    Latest News

    • Procter & Gamble to cut 7,000 jobs as part of broader restructuring
    • Shein and Temu see U.S. demand plunge as loophole for cheap goods closes

    Popular News

    • Pending home sales data takes center stage on Monday
    • Facebook owner Meta restarts facial recognition tech in ‘celeb-bait’ crackdown

    About The Significant deals

    • Privacy Policy
    • Terms & Conditions

    Copyright © 2025 thesignificantdeals.com | All Rights Reserved

    The Significant Deals
    • Investing
    • Stock
    • Editor’s Pick
    • Economy