Reports that Apple will be sued by the US Department of Justice for violating antitrust laws
The US Department of Justice is reportedly suing Apple for violating antitrust laws by blocking competitors from accessing iPhone hardware and software features. Masu.
Apple (AAPL) Shares Drop on News of Impending US DOJ Antitrust Suit - Bloomberg
Apple to be sued by US Department of Justice for antitrust as soon as tomorrow - 9to5Mac
https://9to5mac.com/2024/03/20/iphone-lawsuit-apple-doj-sued/
According to economic newspaper Bloomberg, the Department of Justice is planning to sue Apple as early as March 21, 2024 (Thursday). This is the third time in the past 14 years that the Department of Justice has sued Apple for violating antitrust laws, alleging that ``Apple illegally maintains a dominant position as an iPhone manufacturer.'' This will be the first time.
According to Bloomberg, the Department of Justice was moving to sue Apple for antitrust violations in 2019. However, since Epic Games, which operates the popular game ``Fortnite,'' sued Apple for violating antitrust laws in 2020, the Department of Justice seems to have prioritized a trial against Google.
Google is sued by the Department of Justice for ``violation of antitrust laws'' - GIGAZINE
Both Apple and the Department of Justice did not respond to Bloomberg's requests for comment. In addition, in response to this report, Apple's stock price fell 1.4% in after-hours trading.
Apple was also criticized by the EU's European Commission for violating antitrust rules, which are equivalent to antitrust laws, after it was pointed out that it had prohibited app developers such as Spotify from offering cheaper alternative services to users. He has been fined more than 1.8 billion euros (approximately 294 billion yen) for violating the law.
Apple is fined a huge 294 billion yen and ordered by the EU to change App Store rules for violating antitrust laws - GIGAZINE
Apple is appealing the European Commission's order, claiming that ``the European Commission has not disclosed any reliable evidence that there has been any consumer harm.''
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