Elizabeth Warren: DoJ ‘Exactly Right’ to Sue Apple and Break Their Monopoly

BRZEZINSKI So I want ░░░░░░░░ ask you about a ░░░░░░░░ that broke yesterday because ░░░░░░░░ also have such expertise ░░░░░░░░ fairness in business bankruptcy ░░░░░░░░ for small businesses and ░░░░░░░░ The Justice Department has ░░░░░░░░ a landmark antitrust lawsuit ░░░░░░░░ Apple accusing the company ░░░░░░░░ monopolizing the smartphone market ░░░░░░░░ ve been wondering about ░░░░░░░░ The civil suit joined ░░░░░░░░ attorneys general for 15 ░░░░░░░░ and the District of ░░░░░░░░ accuses the tech giant ░░░░░░░░ restricting its smartphone operating ░░░░░░░░ in a way that ░░░░░░░░ up costs for consumers ░░░░░░░░ prevents developers from successfully ░░░░░░░░ products on other smartphone ░░░░░░░░ So it s an ░░░░░░░░ page lawsuit The DoJ ░░░░░░░░ the company violated antitrust ░░░░░░░░ with practices that were ░░░░░░░░ to keep customers reliant ░░░░░░░░ their iPhones and less ░░░░░░░░ to switch to a ░░░░░░░░ device Let me put ░░░░░░░░ Apple s statement here ░░░░░░░░ say the allegations and ░░░░░░░░ accused the government of ░░░░░░░░ saying it was under ░░░░░░░░ obligation to use designs ░░░░░░░░ policies that may be ░░░░░░░░ by competitors especially when ░░░░░░░░ designs would make iPhone ░░░░░░░░ experiences worse What do ░░░░░░░░ make of this latest ░░░░░░░░ And do you agree ░░░░░░░░ they are kind of ░░░░░░░░ a hold not only ░░░░░░░░ consumers but on competitors ░░░░░░░░ So here s what ░░░░░░░░ happened Look somebody builds ░░░░░░░░ great product people want ░░░░░░░░ buy it and that ░░░░░░░░ them big that s ░░░░░░░░ BRZEZINSKI Everybody yeah Warren ░░░░░░░░ But what Apple did ░░░░░░░░ time is they built ░░░░░░░░ s called walled garden ░░░░░░░░ is how we refer ░░░░░░░░ it That is all ░░░░░░░░ products and services all ░░░░░░░░ together in effect behind ░░░░░░░░ wall So if you ░░░░░░░░ a developer and you ░░░░░░░░ got some really super ░░░░░░░░ cool app that you ░░░░░░░░ to be able to ░░░░░░░░ sorry you are outside ░░░░░░░░ wall and Apple says ░░░░░░░░ going to compete with ░░░░░░░░ and the people within ░░░░░░░░ walled garden all have ░░░░░░░░ stay inside it It ░░░░░░░░ not about out competing ░░░░░░░░ of those competitors It ░░░░░░░░ about building walls that ░░░░░░░░ high enough that all ░░░░░░░░ your users never get ░░░░░░░░ try anyone else I ░░░░░░░░ give you an example ░░░░░░░░ that So it turns ░░░░░░░░ that about 98 of ░░░░░░░░ who replace their iPhones ░░░░░░░░ them with another iPhone ░░░░░░░░ know why Because it ░░░░░░░░ really easy to do ░░░░░░░░ But when you go ░░░░░░░░ countries that have actually ░░░░░░░░ on Apple s monopoly ░░░░░░░░ said you ve got ░░░░░░░░ permit what they call ░░░░░░░░ apps which means other ░░░░░░░░ that make it easy ░░░░░░░░ migrate all of your ░░░░░░░░ and connections to another ░░░░░░░░ only about half of ░░░░░░░░ people when they replaced ░░░░░░░░ iPhone go with another ░░░░░░░░ They want to try ░░░░░░░░ else That means lower ░░░░░░░░ more competition more things ░░░░░░░░ they can see in ░░░░░░░░ marketplace Apple here in ░░░░░░░░ United States has blocked ░░░░░░░░ that off So what ░░░░░░░░ FTC is saying and ░░░░░░░░ of Justice is not ░░░░░░░░ you are big because ░░░░░░░░ created this one product ░░░░░░░░ wants It s because ░░░░░░░░ re created these anti ░░░░░░░░ practices that mean nobody ░░░░░░░░ to look at any ░░░░░░░░ the alternative options apps ░░░░░░░░ so on And they ░░░░░░░░ to break that up ░░░░░░░░ think they re exactly ░░░░░░░░