Apple sued by Biden administration and 16 state and district attorneys over alleged iPhone 'monopoly power'
What did Tim Cook do last year to piss off everyone? EU, China and US are all over $Apple(AAPL.US$ .![]()
Among the suit's allegations:
-Apple prevents the successful deployment of what the DOJ calls "super apps" that would make it easier for consumers to switch between smartphone platforms.
-Apple blocks the development of cloud-streaming apps that would allow for high-quality video-game play without having to pay for extra hardware.
-Apple inhibits the development of cross-platform messaging apps so that customers must keep buying iPhones.
In a statement, Apple denied the allegations and accused the government of overreach.
“At Apple, we innovate every day to make technology people love —designing products that work seamlessly together, protect people’s privacy and security, and create a magical experience for our users," it said. "This lawsuit threatens who we are and the principles that set Apple products apart in fiercely competitive markets. If successful, it would hinder our ability to create the kind of technology people expect from Apple—where hardware, software, and services intersect. It would also set a dangerous precedent, empowering government to take a heavy hand in designing people’s technology. We believe this lawsuit is wrong on the facts and the law, and we will vigorously defend against it.”
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Make it big 2 : Don't know how many billions will be paid by Apple on the lawsuit again. That is, should Apple lose the case.
aoimizu : is it election year Biden needs to do something, or the government needs money
