This allows people to sue Apple for antitrust violations.
Via NY Post:
The US Supreme Court on Monday gave the go-ahead for a lawsuit by consumers accusing Apple of monopolizing the market for iPhone software applications and forcing them to overpay, rejecting the company’s bid to escape claims that its practices violate federal antitrust law.
Apple shares fell more than 5 percent after the justices, in a 5-4 ruling, upheld a lower court’s decision to allow the proposed class action lawsuit to proceed. The plaintiffs said the Cupertino, California-based technology company required that apps be sold through its App Store and extracted an excessive 30 percent commission on purchases.
Conservative Justice Brett Kavanaugh, an appointee of President Donald Trump, joined the court’s four liberal justices to rule against Apple and wrote the decision.
Apple shares were trading down more than $10 at $186.84 by mid-morning.
Explaining the ruling from the bench, Kavanaugh said, “Leaving consumers at the mercy of monopolistic retailers simply because upstream suppliers could also sue the retailers would directly contradict the longstanding goal of effective private enforcement in antitrust cases.”