市场消息：谷歌(GOOG.O)遭遇欧盟反垄断投诉，独立出版商针对其AI概述提出指控。出版商寻求采取 欧盟临时措施，称对竞争造成无法弥补的损害。类似的投诉，以及要求临时措施的请求也已提交给英国 竞争监管机构。 ...

Market Performance - The S&P 500 index reached a historic high, while the Dow Jones Industrial Average fell slightly by 10.52 points, or 0.02%, closing at 44,484.42 points [1] - The Nasdaq Composite rose by 190.24 points, or 0.94%, closing at 20,393.13 points [1] - Datadog (DDOG.US) will be added to the S&P 500 index, replacing Juniper Networks, leading to a post-market surge of over 9% for Datadog [1] Employment Data - The ADP employment report for June showed a significant decrease of 33,000 jobs, far below the expected increase of 95,000, marking the largest monthly decline since April 2020 [1] Company News - Tesla (TSLA.US) reported a 13.5% year-over-year decline in global vehicle deliveries for Q2, with total sales of 384,122 units, below analyst expectations of 387,000 units [6] - Microsoft (MSFT.US) announced layoffs of approximately 9,000 employees, affecting less than 4% of its global workforce [7] - Google (GOOG.US) proposed new adjustments to its search results to mitigate potential antitrust fines from the EU [7] Stock Ratings - Jefferies upgraded Apple (AAPL.US) from "Underperform" to "Hold" [8]

Core Points - Google has proposed new adjustments to its search results to mitigate increasing criticism from competitors and avoid potential antitrust fines from the EU [1] - An important EU meeting is scheduled for July 7-8, where Google will discuss its proposal with competitors and the European Commission [1] - The antitrust allegations against Google stem from claims that it unfairly favors its own services, such as Google Shopping, Google Hotels, and Google Flights, over those of competitors [1]

2024年3月，美国司法部联合多个州以及华盛顿特区对苹果提起反垄断诉讼，重点关注苹果对应用开发 者施加的限制与收费，以及对第三方设备和服务(如智能手表、数字钱包和消息服务)设置的技术障碍。 这些产品本可与苹果自家的产品展开竞争。美国司法部指出，这些做法破坏了市场竞争，苹果应被禁止 继续实施相关行为。 美国司法部当时表示，苹果一部iPhone的售价高达1599美元，利润在整个行业中遥遥领先。司法部官员 指出，苹果还暗中向各类商业伙伴收取费用，从软件开发者到信用卡公司，甚至包括像谷歌这样的竞争 对手。这些做法最终推高了消费者的价格，并进一步提升了苹果的利润。 凤凰网科技讯 北京时间7月1日，据路透社报道，美国联邦法官周一驳回了苹果公司的请求，裁定苹果 必须面对美国司法部提起的反垄断诉讼。该诉讼指控苹果非法主导美国智能手机市场。 美国新泽西州纽瓦克地区法官朱利安·尼尔斯(Julien Neals)驳回了苹果提出的撤诉动议。该诉讼指控苹果 通过对第三方应用程序和设备开发者设置限制，阻止用户转向竞争对手，从而非法主导市场。 这一裁决意味着案件将继续推进，苹果可能将面临一场旷日持久的法律战，力阻监管机构试图降低其他 公司 ...

法院裁决显示，苹果(AAPL.O)必须面对美国指控其垄断智能手机市场的反垄断诉讼。 ...

Core Points - Apple announced changes to its App Store policies in the EU to avoid stricter penalties under the Digital Markets Act (DMA) [1][3] - The EU previously fined Apple €500 million for obstructing developers from directing users to alternative payment channels and set a deadline for compliance [3] - Apple plans to implement a unified fee structure by January 1, 2026, transitioning to a "digital goods transaction commission" model for all in-app digital transactions [3] - Following the iOS 18.6 update, EU users will be able to download third-party app stores or independent apps directly from developers' websites [3] - The DMA, effective March 2024, aims to curb monopolistic practices by large tech platforms and ensure consumer choice [3] - Apple claims the policy changes are not voluntary but a response to EU regulatory pressure and plans to appeal the fine, citing concerns over user privacy and security [4] - The EU is reviewing Apple's new terms to determine compliance and will seek input from market operators and relevant third parties before deciding on further actions [4]

Core Insights - Apple has modified its App Store rules in the European Union to comply with antitrust orders [1] Group 1 - The changes in the App Store rules are a direct response to regulatory pressures from the European Union [1]

Core Viewpoint - Apple is planning to adjust its App Store rules in response to a €500 million fine imposed by EU regulators, aiming to demonstrate goodwill and prevent future penalties [1][3] Group 1: Regulatory Actions - Apple is set to submit a new proposal to the EU by June 26, which will ease restrictions for third-party developers, allowing them to direct users outside of Apple's ecosystem for software purchases [1] - The proposal comes after weeks of intense negotiations between Apple and EU regulators, and it aims to help Apple avoid additional penalties for non-compliance with the Digital Markets Act [1][3] - In April, both Apple and Meta were found in violation of the Digital Markets Act, with Apple receiving a €500 million fine and Meta facing a €200 million fine for its "pay or agree" ad-free service on Instagram and Facebook [3] Group 2: Apple's Response and Legal Actions - Apple has expressed strong opposition to the EU's fine, claiming discrimination and an attempt to force the company to open its core technologies for free [3] - The company plans to appeal the €500 million fine in the Luxembourg court [1] - In the past, Apple has faced significant fines from the EU, including an €1.8 billion penalty for anti-competitive practices against music streaming competitors [3] Group 3: EU's Broader Regulatory Landscape - The EU has been actively enforcing antitrust regulations against major tech companies, with notable fines including over $8 billion against Alphabet and a demand for Apple to repay €13 billion in taxes to Ireland [3] - The EU has also compelled Amazon to modify its e-commerce platform rules and is investigating Microsoft's Teams software for potential antitrust violations [3]

Core Points - Apple has filed an emergency motion to the U.S. Ninth Circuit Court of Appeals to overturn a federal judge's order prohibiting external payment commissions, claiming the order is excessively punitive and unfair, potentially causing irreversible damage to its business model [1][3] - The appeal stems from a five-year antitrust lawsuit with Epic Games, where the judge ruled that Apple violated a 2021 court order by not fully opening its App Store to external payment options and maintaining a monopoly through technical means [3][4] - The judge's ruling emphasized that Apple must immediately stop charging commissions on external payments and cease discouraging users from using third-party payment options, with potential criminal contempt investigations against Apple executives [3][4] Company Implications - Apple argues that the judge's order overlooks the complexities of the app ecosystem and that a zero-commission requirement could lead to developer abuse of external payment channels, threatening user privacy and security [3][4] - The company has made significant concessions, such as allowing developers to guide users to complete in-app purchases via the web, but insists on a 27% commission to cover operational costs [3][4] - If the injunction is lifted, it could prevent a wave of collective lawsuits from developers claiming losses in the billions due to Apple's non-compliance with the order [4] Regulatory Environment - The appeal occurs amid a global regulatory crackdown, with the EU imposing a €500 million fine on Apple under the Digital Markets Act and requiring changes to its rules by June 26, or face additional daily fines of 5% of global revenue [4] - The U.S. Department of Justice is also investigating Apple for potential market abuse, with the judge having referred Apple and an executive for possible criminal contempt investigations [4] - A failure in the appeal could disrupt Apple's App Store business model, allowing developers to save on commissions and potentially leading to lower prices for users, although Apple warns this could result in a proliferation of low-quality apps and weaken its control over app quality and safety [4]

Group 1 - Google expresses concerns that the Competition and Markets Authority's (CMA) considerations regarding search are still "broad and lacking focus" [1]