BUSINESS
The DOJ intensifies its antitrust investigation into Apple.
According to The Wall Street Journal (WSJ), the US Department of Justice (DOJ) is stepping up its antitrust investigation into Apple. The probe focuses on Apple's anticompetitive tactics on iOS platforms and its third-party app store restrictions. In response to four class-action lawsuits brought by iOS users alleging that Apple engaged in dishonest data harvesting methods, the DOJ has intensified its probe. This is all the information you require on the DOJ inquiry.
The DOJ began looking into Apple's antitrust practises in 2019.
The WSJ reports that the DOJ expanded the investigating team's staff and issued fresh demands for pertinent records. They have also requested more talks with the relevant businesses. Also, according to Reuters, the Justice Department is intensifying antitrust enforcement against big tech generally.
The DOJ is currently looking into Apple and Alphabet, the parent firm of Google. The Justice Department focuses on Alphabet's alleged illegal, anticompetitive advertising tactics in this complaint. The majority of the company's income comes from Google AdWords.
Jonathan Kanter, the DOJ's antitrust chief, has not been officially linked to the inquiry, claims CNBC. According to CNBC, Kanter chose not to participate in the investigation due of Apple's alleged anticompetitive practises by former clients.
Kanter will reportedly take part in any legal action brought against the business, according to sources. After the department voiced similar concerns, the DOJ granted Kanter permission to participate in the inquiry into Alphabet's anticompetitive actions.
Finally, the US is making an effort to match the UK and EU.
For a while, major tech antitrust enforcement has been led by antitrust watchdogs in the UK and Europe. Competition Markets Authority and the European Commission spearheaded the campaign against corporations like Alphabet, Apple,
For instance, Meta recently received a nearly $12 billion fine from the European Commission for its anticompetitive advertising practises on Facebook and Instagram. The Digital Markets Act was also passed in Europe, banning these enormous digital firms from serving as "gatekeepers" to internet platforms. Yet, the DOJ's most recent redoubled efforts against Alphabet and Apple bring the US up to par in the enforcement of worldwide antitrust laws.
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