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Apple Counters DOJ's Antitrust Lawsuit by Advocating Rejection of New Theory of Antitrust Liability

Benzinga LogoBenzinga1 mo ago

 Apple Counters DOJ's Antitrust Lawsuit by Advocating Rejection of New Theory of Antitrust Liability - Benzinga

Quick Summary:

The letter states that the government’s complaint does not allege anticompetitive conduct, substantial anticompetitive effects, or monopoly power in a relevant market, reported Bloomberg.“This court should reject the invitation to forge a new theory of antitrust liability that no court has recognized, that would harm innovation, and that would only deprive consumers of the key competitive features that make iPhone distinctive,” the ...

What Happened: Lawyers representing Apple have sent a letter to the judge overseeing the case in New Jersey, outlining the arguments they will present in the formal motion to dismiss the lawsuit next month.

Apple Inc. (NASDAQ:AAPL) is preparing to request the dismissal of the U.S.


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Article Details

Author / Journalist: Ananya Gairola

Category: Technology

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-05-22 @ 04:27:33 (1 months ago)

News Timezone: GMT +8:00

News Source URL: benzinga.com

Language: English

Article Length: 366 words

Reading Time: 3 minutes read

Sentences: 15 lines

Sentence Length: 25 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Benzinga

News ID: 21055507

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Main Topics: Technology

Official Website: benzinga.com

Update Frequency: 1 posts per day

Year Established: 2010

Headquarters: United States

News Last Updated: 18 hours ago

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Publisher ID: #53

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