The lawsuit caps years of regulatory scrutiny of Apple’s wildly popular suite of devices and services, which have fueled its growth into a nearly $3 trillion public company.
We need to be more proactive in our regulations than just wait for a company to violate antitrust law. Capitalism isn’t good without strong regulations.
Hell at this point I’d just be happy with laws that don’t enforce monopolies.
It’s a step in the right direction. But I don’t see anything of substance coming from this. The U.S. has become a Corporate Oligarchy. Apple has enough money and desire to fight this through appeals and lobbying. Pay attention to who they lobby and make sure they are voted out of office. It’s going to take a long time to correct what has happened over the last 20 or so years. It will require slow gradual change.
I think it will never going to happen.
They are not alone in the market, and they are certainly not monopolists.
I’m an Apple user, and for me, there is nothing better than an iPhone or Mac. and I’ve used other gadgets. In general, I think that Apple Inc. is one of the best companies now, and it will not change any time soon. Last week, I was given the task of writing a paper on one of the companies for my business course, and of course, I chose Apple. It is easy to find a lot of useful info, and I also found this page https://papersowl.com/examples/apple-inc/, which provides some interesting and informative essay examples about Apple Inc, which will definitely help me with my writing. It’s the first time that I’m using the help of such examples, but it’s for sure a good idea!I’m still fuzzy on this - how can they be sued for having a monopoly ON THEIR PRODUCT?
This headline is wrong. The DOJ is alleging that they are being anticompetitive in the Performance Smartphone market, and further that their anticompetitive behavior affects even the regular smartphone market.
Never used an IPhone… don’t miss it
This is the most statement I’ve heard all morning.
Maybe they meant an IPhone monopoly in the IPhone world.
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Fair point, but I never had a Mac or IPhone on principle. Because I don’t like Apple’s strict policies. I’ve owned a PC since the early 90s.
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Not gonna happen. There is enough competition on the market for Apple to prove that they are not a monopoly. Most of the smartphones sold in US are not iPhones. It is like accusing BMW, that they sell their cars only with their part and their software.
Most of the smartphones sold in US are not iPhones.
This is just a demonstrably false statement that’s very easily fact checked. I’m not saying that to defend Apple. I’m a Google Pixel guy myself.
I stand corrected, while android dominates the world, in US iPhone share is indeed just above the half (55%). It is still not enough to call it monopoly, but it might have chance.
The document published by the DOJ make the point that Apple has closer to 65% market share of you to by revenue, and also have a high market share amoung the teens. But I don’t get this focus on whether or not Apple is a monopoly. The lawsuit alleges that Apple has a significant market share is using anticompetitive practices to stay there.
Huh, looks like iOS overtook Android sometime last year…
