Apple dismisses Microsoft monopoly comparisons

A week after finding itself at the business end of a landmark lawsuit from the United States Department of Justice, Apple is staunchly denying any parallels between itself and Microsoft in the 1990s. It’s a comparison into which the U.S. Attorney General Merrick Garland leaned heavily in last week’s filing. While portions of the United …

Read more

US files antitrust lawsuit against Apple over iPhone ‘monopoly’

The U.S. Department of Justice and 15 U.S. states on Thursday sued Apple, alleging it monopolized smartphone markets in the first major antitrust effort against the iPhone maker by the Biden administration.  Issued on: 21/03/2024 – 16:20 2 min Apple joins a list of major tech companies sued by U.S. regulators, including Alphabet’s Google, Meta …

Read more

“Denial runs deep in Cupertino,” Epic CEO Tim Sweeney taunts Apple after 1.8B euro fine |

In a historic antitrust ruling, the European Commission on Monday slapped Apple with a record 1.84 billion euro ($2 billion) fine for abusing its dominant position in music streaming by imposing restrictive rules on app developers. The ruling favours Spotify, which filed a complaint in 2019 accusing Apple of anti-competitive practices with its App Store …

Read more

EU slaps Apple with €1.8 billion fine for music streaming restrictions

The EU on Monday hit Apple with a 1.8 billion-euro-fine ($1.9 billion) for violating the bloc’s laws by preventing music streaming services from informing users about subscription options outside of its App Store. Issued on: 04/03/2024 – 13:37Modified: 04/03/2024 – 13:35 3 min The iPhone maker immediately vowed to appeal the first ever antitrust fine …

Read more

Google Loses Epic Antitrust Court Battle

Epic Games, the maker of Fortnite, won a Battle Royale over tech giant Google late this afternoon. After a month-long trial but just over three hours of deliberation, a nine-person federal jury in San Francisco ruled in favor of Epic, concluding that Google held an illegal monopoly over the Google Play Store and engaged in …

Read more

Google paid $26 billion in 2021 for default search engine status

Vice president Prabhakar Raghavan testified Friday that Google paid $26.3 billion in 2021 for the purpose of maintaining default search engine status and acquiring traffic, Bloomberg reports. It’s likely the lion’s share of that sum went to Apple, which it has showered with exorbitant sums for many years in order to remain the default search …

Read more

Jeff Bezos Loses $5 Billion Amid FTC Amazon Lawsuit

In the wake of the Federal Trade Commission’s antitrust lawsuit filed against Amazon on Tuesday, the e-commerce giant and its CEO, Jeff Bezos, are already taking a financial hit. On Tuesday, the FTC — along with 17 state attorneys general — filed a lawsuit against Amazon, alleging that the company engaged in anticompetitive practices, unfairly …

Read more