NPR.
This is the indicator for Planet money.
I'm Adriene Ma.
And I'm Waylon Wong.
This week, Apple did something that it does every year around this time, it announced a new iPhone.
But this year, there are legal clouds hanging over Apple and the iPhone.
For one thing, the day after the announcement, the European Union's top court ordered the company to pay about $14 billion in fat taxes to Ireland.
That's where Apple's european headquarters are.
And here in the US, federal regulators have this outstanding lawsuit against Apple for allegedly violating antitrust laws.
Today on the show, we're going to focus on that, why the DOJ brought this suit and why it matters for the millions of people who have a smartphone.
Support comes from our 2024 lead sponsor of the indicator from Planet Money, Amazon business everyone could use more time.
Amazon Business offers smart business buying solutions so you can spend more time growing your business and less time doing the admin.
Learn more@amazonbusiness.com dot this message comes from NPR sponsor Merrell.
Whatever your financial goals are, you want a straightforward path there.
But the real world doesn't usually work that way.
Merrill understands that.
That's why with a dedicated Merrill advisor, you get a personalized plan and a clear path forward.
Go to ML.com bullish to learn more.
Merrell, a Bank of America company.
What would you like the power to do?