AG Garland: ‘Monopolies Like Apple’s Threaten the Free and Fair Markets Upon Which Our Economy Is Based’
‘As our complaint alleges, Apple has maintained monopoly power in the smartphone market, not simply by staying ahead of the competition on the merits, but by violating federal antitrust law’
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EXCERPT:
GARLAND: “As set out in our complaint, Apple has maintained its power not because of its superiority, [but] because of its unlawful exclusionary behavior. Monopolies like Apple's threaten the free and fair markets upon which our economy is based. They stifle innovation, they hurt producers and workers, and they increase costs for consumers. If left unchallenged, Apple will only continue to strengthen its smartphone monopoly. But there’s a law for that.”
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03/21/2024: AG Garland: ‘Monopolies Like Apple’s Threaten the Free and Fair Markets Upon Which Our Economy Is Based’ (clip)
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03/21/2024: AG Garland: ‘Monopolies Like Apple’s Threaten the Free and Fair Markets Upon Which Our Economy Is Based’ (clip)
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