Business News of Wednesday, 20 November 2024
Source: Webbers Choice
Apple (AAPL.O) will ask a U.S. federal judge on Wednesday to dismiss the U.S. Department of Justice's antitrust case, which accuses the company of unlawfully dominating the smartphone market.
The DOJ argues that Apple restricts interoperability between the iPhone and third-party apps and devices, stifling competition.
Apple, however, contends that its technology limitations are justified and that sharing its technology would hinder innovation.
The case, part of broader bipartisan antitrust scrutiny of Big Tech, also involves companies like Google, Meta, and Amazon.
Similar claims against other firms, such as Meta, have failed in court. The outcome of the Apple case depends on whether the judge finds the DOJ’s claims plausible enough to proceed.