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Apple lines up to support nationwide right-to-repair legislation - TL;DR CNBC

Apple lines up to support nationwide right-to-repair legislation

Publishing timestamp: 2023-10-24 16:49:44


Summary

Apple has announced its support for nationwide right-to-repair regulation, which would make iPhone parts and tools available to customers. This is seen as a positive move for the right-to-repair movement, as Apple is an important symbol due to its widely used products. The Biden administration is also pushing for right-to-repair as part of its efforts to cut anti-consumer practices. Advocates argue that right-to-repair rules save consumers money and help the environment. Apple's support for this regulation marks a shift from its previous opposition to right-to-repair laws.


Sentiment: POSITIVE

Tickers: AAPLMSFT

Keywords: business newsapple incbusinessentertainmentbreaking news: technologyclimatecomputer hardwaretechnologymicrosoft corpmobileunited statesiphone

Source: https://www.cnbc.com/2023/10/24/apple-lines-up-to-support-nationwide-right-to-repair-legislation-.html


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