antitrust

WASHINGTON (AP) — The Justice Department on Thursday announced a sweeping antitrust lawsuit against Apple, accusing the tech giant of engineering an illegal monopoly in smartphones that boxes out competitors, stifles innovation and keeps prices artificially high. The lawsuit, filed in federal court in New Jersey, alleges that Apple has monopoly power in the smartphone […]

The Justice Department joined 16 states and the District of Columbia to file an antitrust lawsuit against Apple on Thursday, the federal government’s most significant challenge to the reach and influence of the company that has put iPhones in the hands of more than a billion people. In an 88-page lawsuit, the government argued that […]

1:15 p.m. ET, March 21, 2024 How the lawsuit could impact Apple products By CNN’s Samantha Murphy Kelly A customer looks at products at an Apple store in Berkeley, California, on August 4. Justin Sullivan/Getty Images If successful, the lawsuit’s impact could potentially ripple across Apple’s products, services and business model.  Fees: Apple may need […]

Washington — Apple Inc., one of the world’s most valuable and influential companies, illegally engaged in anti-competitive behavior in an effort to build a “moat around its smartphone monopoly” and maximize its profits, the Justice Department alleged in a blockbuster antitrust lawsuit filed Thursday. In the suit filed in federal district court in New Jersey, […]

Washington CNN  —  The US Justice Department and more than a dozen states filed a blockbuster antitrust lawsuit against Apple on Thursday. It’s the latest – but largest – in a recent string of Big Tech companies to face monopoly accusations from the US government, which is cracking down on the massive industry whose power […]

Equity Residential purchased Portside Towers in 2019. Tenants say the management started to increase prices substantially after giving renters concessions during the Covid-19 pandemic. The 527-unit building is located roughly 20 minutes away from the World Trade Center, on the shoreline of Jersey City, New Jersey. A group of tenants at the tower is involved […]

The Justice Department is in the late stages of an investigation into Apple and could file a sweeping antitrust case taking aim at the company’s strategies to protect the dominance of the iPhone as soon as the first half of this year, said three people with knowledge of the matter. The agency is focused on […]

[1/3]A woman passes the logo from the web search engine provider Google during the digital society festival ‘re:publica’, at the Arena Berlin in Berlin, Germany June 9, 2022. REUTERS/Annegret Hilse//File Photo Acquire Licensing Rights

The judge assigned to the US Federal Trade Commission’s antitrust lawsuit against Amazon.com has recused himself from the case, according to a court document filed on Wednesday. Senior Judge John Coughenour was assigned to the case on . . .

The U.S. government files an antitrust lawsuit against Amazon  NPR Source link


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