Antitrust
Elizabeth Nolan Brown | 3.25.2024 11:30 AM
The U.S. Department of Justice (DOJ) and 16 states are suing Apple over its alleged monopoly of the smartphone market. It's an absolutely bonkers lawsuit, based on weird ideas about business and even weirder ideas about government.
The latest in a long series of antitrust suits filed against tech companies, the Apple lawsuit shows just how eager the Biden administration is to bring business decisions under federal control.
The case "illustrates a shift among enforcers towards a 'big is bad' mentality more generally," said Jennifer Huddleston, who works on technology policy for the libertarian Cato Institute. "Such an approach seeks to achieve preferred political goals or penalize politically disfavored companies based on the size of a company, the number of competitors, or the welfare of those competitors rather than asking if the large company achieved success in the market by providing a product consumers prefer or through anti-competitive means."
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Elizabeth Nolan Brown is a senior editor at Reason.
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The Absurd Apple Antitrust Lawsuit
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25.03.2024
Antitrust
Elizabeth Nolan Brown | 3.25.2024 11:30 AM
The U.S. Department of Justice (DOJ) and 16 states are suing Apple over its alleged monopoly of the smartphone market. It's an absolutely bonkers lawsuit, based on weird ideas about business and even weirder ideas about government.
The latest in a long........
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