Get 40% Off
🚨 Volatile Markets? Find Hidden Gems for Serious Outperformance
Find Stocks Now

U.S. Justice Department in early stages of drafting possible antitrust suit against Apple -Politico

Published 08/26/2022, 01:29 PM
Updated 08/26/2022, 01:56 PM
© Reuters. FILE PHOTO: The Apple Inc logo is shown outside the company's 2016 Worldwide Developers Conference in San Francisco, California, U.S. June 13, 2016. REUTERS/Stephen Lam/File Photo

WASHINGTON (Reuters) -The U.S. Justice Department is in the early stages of drafting a potential antitrust complaint against Apple Inc (NASDAQ:AAPL), Politico reported on Friday, citing a person with direct knowledge of the matter.

A Justice Department spokesperson declined to comment. Apple did not immediately respond to Reuters requests for comment.

Politico reported the Justice Department has not made a decision whether to sue Apple, but the department’s antitrust division hopes to file suit by the end of the year.

Reuters reported previously that the Justice Department opened an antitrust probe into Apple in 2019.

Latest comments

the most ridiculous thing I've hears since the day I was born! sue apple? for what?
Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.