Antitrust Law Archives

According to recent reports, a US legislator, notorious for his public stance against congressional stock trading, is potentially among the estimated 20% of Senate members who possess or seem to own substantial portions of Apple Inc's stock. As the controversy unravels, critics caution that such conflicts of interest could potentially obstruct significant legislation aimed at curbing the tech giant's allegedly anticompetitive activities. Sen. Jon Ossoff (D-Ga.), renowned for his public denouncement of his Republican rival David Perdue over personal stock trades during his victorious Senate campaign in 2020, has painted himself as a stalwart of the campaign to prohibit congressional stock trading. The legislator from Georgia is a co-sponsor of a bill that seeks to prevent members of Cong...

The United States Department of Justice (DOJ) has recently indicated that Apple's business practices may be infringing on antitrust laws. The tech giant is accused of employing monopoly strategies to ensure the continued dominance of its iPhone. According to the DOJ, Apple has been using unfair tactics to maintain a monopoly over the smartphone market. This has led to alleged increased prices and limited choices for consumers. Apple's dominance over the smartphone market is reinforced by its App Store policies and restricted developer access to key features of its products. This has resulted in higher prices and fewer product choices for American consumers. "Consumers should not have to pay higher prices because companies violate the antitrust laws,” US Attorney General Merrick Garl...

Tag: Antitrust Law

US senator accused of having ties to Apple after opposing stock trading in Congress

DOJ says Apple is using unfair tactics to maintain monopoly on smartphone market