The U.S. Justice Department is poised to sue Apple as soon as Thursday, accusing the company of violating antitrust laws by blocking rivals from accessing hardware and software features its iPhone, Bloomberg News reports citing “people familiar with the matter.”
Anna Edgerton, Kartikay Mehrotra, and Leah Nylen for Bloomberg News:
Apple shares fell as much as 1.4% to $176.10 in late trading on the news. They had been down 7.2% this year through Wednesday’s close.
The coming case will mark the third time that the Justice Department has sued Apple for antitrust violations in the past 14 years, but it is the first case accusing the iPhone maker of illegally maintaining its dominant position.
The lawsuit comes as Apple also is coming under increasing scrutiny in Europe over alleged anticompetitive behavior.
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Apple gets what it paid for. 92.08% to Democrat Party politicians.
https://www.opensecrets.org/orgs/apple-inc/totals?id=D000021754
Apple refuses to allow the democrat administration to spy on their political enemies without proper court procedures. Democrats then attack.
Libturd admin attacking sucessful companies for political gain. Yup, Apple got what it paid for!
In no world is Apple a monopoly. There are other smart phone options with more features at a lower price point. Can we now call Toyota a monopoly because they don’t allow repairs and upgrades of other 3rd parties without nullifying the warranty. If you “jail break” your car you loose support. If you don’t like the iPhone terms of service then buy another phone.
This is insane.
You reap what you sow Timmy Boy 🟦
–There needs to be cross-functionality. –Apple makes it hard to choose another smart phone. Just two thoughts from the press-conf that one could easily see as ridiculous folly. Cross-functionality is esp bizarre. One has to ask, “to what extent is a company required to dilute itself to fit/appease/support another company’s own choices? Merrick Garland, regardless of one’s position on the R & D scale, has shown himself to be a heavy handed state-ist. Lisa Monaco is “2nd In-line” and may be the actual driver of the BS?
Apple’s fee structure seems especially punitive, but they’ve been modified. Curious is lawyer types have insight that would support DOJ claims?