Targeting Apple: The Bloomberg Open, Europe Edition

March 21, 2024, 5:50 AM UTC

Good morning. The DOJ is said to be preparing to sue Apple. The BOE and SNB decide rates today. And two shoppers in California claim that the Birkin handbag has become too exclusive.

What’s Happening Now

The DOJ is poised to sue Apple as soon as today, accusing the company of violating antitrust laws by blocking rivals from accessing hardware and software features of its iPhone. Shares fell postmarket.

The BOE and SNB are expected to stay on hold, though Citi and Barclays are predicting a Swiss rate cut. Turkey may also stand pat, even as the weak lira puts ...

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