Breaking Points with Krystal and Saagar cover image

3/25/24: Putin Blames Ukraine For Moscow Attack, ISIS Claims Responsibility, Trump Truth Social Financial Bailout, NBC Hosts Furious Over Ronna McDaniel hire, Alex Jones Flips On Israel After Civilian Strike, Israel Expands Settlements, GOP Resignation Exposes Revolving Door, Apple Hit With Lawsuit

Breaking Points with Krystal and Saagar

NOTE

Challenging Monopoly Power in Antitrust Lawsuit

The Department of Justice filed an antitrust lawsuit against Apple, alleging that the firm maintains its monopoly power in the smartphone market through exclusionary conduct rather than superior products or business acumen. While having monopoly power itself is not illegal, acquiring or maintaining it through exclusionary behavior violates antitrust laws. The lawsuit's rationale and implications are dissected by Matt Stoller, the director of research at the American Economic Liberties Project, in his book 'Goliath' and writings on the Substack blog, 'Big.'

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