Apple seeks to overturn the U.S. Department of Justice's smartphone antitrust case
Apple plans to request a federal judge to dismiss the U.S. Department of Justice's allegations of illegal monopoly in the smartphone market. The case is presided over by New Jersey Judge Julien Neals, who accuses Apple of stifling competition by limiting interoperability. Apple argues that its practices are reasonable, stating that forcing technology sharing would hinder innovation. Additionally, Apple has proposed a $100 million investment plan in Indonesia to establish a manufacturing facility locally
According to reports, Apple (AAPL.US) will request a federal judge to dismiss the U.S. Department of Justice's case accusing the company of illegally monopolizing the smartphone market.
The report states that Judge Julien Neals of the Newark district in New Jersey will hear arguments from Apple's lawyers and prosecutors, who claim that Apple locks in users and stifles competition by limiting interoperability.
The case against Apple began during Donald Trump's first presidential term and was filed during Joe Biden's administration.
The tech giant has taken action to dismiss the case, arguing that restricting developers' access to its technology is reasonable and that forcing the company to share technology with competitors would hinder innovation.
Large tech companies have been the focus of antitrust scrutiny, with Alphabet (GOOGL.US) subsidiary Google found to be illegally monopolizing the online search space. Agreements between Google and smartphone manufacturers like Apple are also central to the U.S. Department of Justice's antitrust lawsuit against the search giant.
Jefferies stated that if the U.S. Department of Justice ultimately prevails after a series of appeals, Apple could lose a significant amount of valuable revenue.
Additionally, reports indicate that Apple has proposed a $100 million investment plan to Indonesia to establish a factory for producing accessories and components. This proposal was made after Indonesia banned Apple from selling the iPhone 16 due to the company's failure to meet local component regulations