Thursday, November 21News That Matters

Tag: apple

Antitrust lawsuit against Apple for monopolization or attempted monopolization of smartphone markets in violation of Section 2 of the Sherman Act.

Antitrust lawsuit against Apple for monopolization or attempted monopolization of smartphone markets in violation of Section 2 of the Sherman Act.

Breaking News, Business, Technology
Apple is now facing a landmark lawsuit filed by the Department of Justice. The suit was filed on March 21, 2024. The DOJ, joined by 16 other state and district attorneys general, filed the civil antitrust lawsuit against Apple on March 21, 2024. The lawsuit is for monopolization or attempted monopolization of smartphone markets in violation of Section 2 of the Sherman Act. The lawsuit opens with: In 2010, a top Apple executive emailed Apple’s then-CEO about an ad for the new Kindle e-reader. The ad began with a woman who was using her iPhone to buy and read books on the Kindle app. She then switches to an Android smartphone and continues to read her books using the same Kindle app. The executive wrote to Jobs: one “message that can’t be missed is that it is easy to switch fro...