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Transcripts For BBCNEWS Verified 20240704



the lawsuit was also brought by 17 us states. , , . , ., ., , us states. apple has maintained its ower not us states. apple has maintained its power not just us states. apple has maintained its power notjust because us states. apple has maintained its power notjust because of us states. apple has maintained its power notjust because of its - power notjust because of its superiority, but because of its unlawful, exclusionary behaviour. monopolies like apple s threaten the free and fair markets upon which our economy is based. they stifle innovation. they hurt producers and workers, and they increase costs for consumers. let s speak to tom smith, competition lawyer at geradin partners in london and former director of the uk s competition and markets authority. was this expected? yeah, it has been widely trailed. when the biden administration came in, they talked to anti trust agencies. so it was always a question of when and not if. 50 agencies. so it was always a ....

Women , Compensation , State-pension-changes , Profits , Leaders , Apologies , British , Ukraine , Assets , Eu , Brussels , Stories

Transcripts For BBCNEWS Verified 20240704



# heigh ho, heigh ho, it s off to court we go.# after years of protesting, a victory for women born in the 19505. the government changed the age they would get their state pension, and didn t let them know in time to plan. 0ur reaction today is we re glad the report is finally out and with parliament. parliament actually decided to take the action to increase the state pension age for women, and they didn t do the job properly. the department for work and pensions should have told us and they didn t. and is time important? 270,000 of us have died since we started this campaign eight or nine years ago, so one of us are dying every 30 minutes without justice, without knowing that now parliament have the decision to make good what it actually got wrong. many say they struggle with money, suffering financial hardship. what they did was absolutely wrong. they could have had a pen and a paper and an envelope and a stamp and sent it to all of us in 1995, was it, when they came ....

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Transcripts For BBCNEWS Verified 20240704



been sued by the justice at the third time the company has been sued by thejustice department since 2009. the us attorney general, meret garland, is due to hold a press conference shortly and we will bring you that as and when it happens. first, to another breaking story here in the uk. the government of the bank of england has said, we are on our way to an interest rate cut. the bank has announced that interest rates are to remain unchanged at 5.25%. it is the first time any row that they have been held at what is a 16 year high. andrew bailey says that there is encouraging news on inflation but warned that there would need to be evidence that this would be sustained. he has been speaking to our economics editor, faisal islam. inflation has come down, as we expected, but we have still got some way to go, particularly with the most persistent bits of inflation. that is particularly the services, the total basket of at 6%, but we do not need to see it come down to a s ....

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Transcripts For BBCNEWS The 20240704

fight the lawsuit. apple accused of using it s power to limit competitors, as well as the options available to consumers. here s the us attorney general merrick garland making the announcement. but as our complaint alleges, apple has maintained monopoly power in the smartphone market not simply by staying ahead of the competition on merits. but by violating federal antitrust law. consumers should not have to pay higher prices because companies make the law. because companies break the law. we allege that apple has employed a strategy that relies on exclusionary, anti competitive conduct, that hurts both consumers and developers. for consumers, that has meant fewer choices and higher prices and fees, lower quality smartphones and apps and accessories and less innovation from apple and its competitors. for developers, that has meant being forced to play by rules that insulate apple from competition, and as outlined in our complaint, we allege that apple has consolidated its mon ....

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Transcripts For BBCNEWS Verified 20240704



could prove to be. could prove to be. millions of eole could prove to be. millions of peeple who could prove to be. millions of people who own could prove to be. millions of people who own iphones - could prove to be. millions of people who own iphones and| could prove to be. millions of- people who own iphones and other apple products by it because the brand is known for the ease and simplicity of use, but the flip side of that, as we are seeing in this complaint, is that it has locked out competitors from its system and that s what this lawsuit is going after, trying to open up apple s business model to others, saying that other firms have been locked out, whether it is payment systems, makers of rival smartwatches which don t work so well, or even simple things like messaging, if you are using an android and trying to message someone on an iphone, sometimes sending videos and things like that can be difficult in this lawsuit aims to level the playing field. wha ....

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