Antitrust & Trade Reg.
Mar. 22, 2024
Bonta: Apple has ‘created a moat around its kingdom’
It is the latest antitrust action launched against major tech firms, with Amazon, Google and Meta Platforms all facing antimonopoly suits.
A mammoth antitrust suit filed by the U.S. Department of Justice and a bipartisan coalition of 15 states accusing Apple Inc. of monopolistic conduct is expected to take three years or more to resolve, according to California Attorney General Rob Bonta.
The complaint, filed Thursday in U.S. District Court for the District of New Jersey, alleges that Apple engages in monopolistic conduct in violation of Section 2 of the Sherman Antitrust Act, making it difficult for consumers to sw...
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