Advocacy Groups Call for Increased Funding as DOJ Considers Antitrust Case Against Apple
In the wake of a recent New York Times report revealing a three-year delay in the Department of Justice’s (DOJ) investigation into Apple, advocacy groups are raising their voices, emphasizing the urgent need for increased funding to address the monopolistic practices of tech giants.
According to DOJ sources cited in the New York Times report, the investigation into Apple was intentionally postponed to prioritize a review of Google. The reason provided was a lack of financial resources and personnel to thoroughly evaluate both companies simultaneously.
In response to this revelation, more than a dozen advocacy groups penned a letter on Thursday, urging a boost in funding for the DOJ Antitrust Division during the current appropriations cycle. The groups argued that “Big Tech’s monopolistic behavior leads to higher prices for consumers, puts their personal information at risk, and locks competitors out of the market” reported The Hill.
The letter further stated, “We’re writing to you to strongly urge you to increase funding for the DOJ Antitrust Division in the current appropriations cycle — so it can fully carry out its mission of protecting the public from corporate abuse.”
Related: US Senate Approves Big Tech Critic To Head DOJ Antitrust Division
The New York Times report suggests that the DOJ is progressing towards filing an antitrust case against Apple. Despite multiple meetings between the DOJ and Apple to discuss the investigation, no final decision has been reached regarding whether a lawsuit will be filed or what its scope should be.
This development comes against the backdrop of the DOJ having filed two antitrust cases against Google since 2020. The delay in the Apple investigation has sparked concerns among advocacy groups, who argue that such delays hinder the ability of America’s antitrust enforcers to address the broader issues posed by Big Tech.
“America’s antitrust enforcers shouldn’t have to pick their battles. But without sufficient funding, they do. And to resolve this problem, we depend on you,” the advocacy groups emphasized in their letter.
As the debate around the power and influence of tech giants continues, the call for increased funding for the DOJ Antitrust Division underscores the growing concern over the need for a robust regulatory framework to rein in monopolistic practices within the technology industry.
Source: The Hill
Featured News
Electrolux Fined €44.5 Million in French Antitrust Case
Dec 19, 2024 by
CPI
Indian Antitrust Body Raids Alcohol Giants Amid Price Collusion Probe
Dec 19, 2024 by
CPI
Attorneys Seek $525 Million in Fees in NCAA Settlement Case
Dec 19, 2024 by
CPI
Italy’s Competition Watchdog Ends Investigation into Booking.com
Dec 19, 2024 by
CPI
Minnesota Judge Approves $2.4 Million Hormel Settlement in Antitrust Case
Dec 19, 2024 by
CPI
Antitrust Mix by CPI
Antitrust Chronicle® – CRESSE Insights
Dec 19, 2024 by
CPI
Effective Interoperability in Mobile Ecosystems: EU Competition Law Versus Regulation
Dec 19, 2024 by
Giuseppe Colangelo
The Use of Empirical Evidence in Antitrust: Trends, Challenges, and a Path Forward
Dec 19, 2024 by
Eliana Garces
Some Empirical Evidence on the Role of Presumptions and Evidentiary Standards on Antitrust (Under)Enforcement: Is the EC’s New Communication on Art.102 in the Right Direction?
Dec 19, 2024 by
Yannis Katsoulacos
The EC’s Draft Guidelines on the Application of Article 102 TFEU: An Economic Perspective
Dec 19, 2024 by
Benoit Durand