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The Justice Department and attorney generals from 16 different states claimed on March 21 that Apple is illegally monopolizing the smartphone market. This marks another significant legal battle in the world of technology, compared with the government’s 1990s lawsuit against Microsoft. The Apple case revolves specifically around how Apple has…
Robert H. Gertner is Joel F. Gemunder Professor of Strategy and Finance at Chicago Booth and John Edwardson Faculty Director at the Rustandy Center for Social Sector Innovation.
Getty Images Epic Games, the private company behind the massively popular video game Fortnite, will take on the world's most valuable company in court Monday. In Epic Games v. Apple, Silicon Valley's highest-stakes court case in a decade, the Cary, North Carolina-based game maker will argue that Apple unfairly uses it dominance to lock developers into using its App Store, which it says takes too hefty a slice of their profits. Epic will attempt to make the case that the App Store represents an illegal use of Apple's market power. Even if Apple is a legal monopoly, according to the ant...
Reviewing Facebook’s Mergers Could Have Negative Ripple Effects Randy Picker ProMarket December 2020 was an extraordinary period in US antitrust law. On December 9, 2020, two cases—one by the Federal Trade Commission and one by state attorneys general from almost every state—were brought against Facebook. One week later, a group of states, led by Texas, brought a new case against Google. And the following day, states, led by Colorado, brought an additional suit against Google. That means Google is now facing three government cases, as the federal government and another group of st...