US Government Says Apple is NOT in Violation of Antitrust Law

US Government Says Apple is NOT in Violation of Antitrust Law

The US Department of Justice (DOJ) has stated it will not take action against Apple for its recent decision to ban bitcoin apps. The announcement comes amid a growing furore among bitcoin users, who were outraged by Apple's decision to remove the official Blockchain app from its App Store earlier this week. The DOJ stated: "We have determined that the information provided does not raise antitrust issues that warrant further review by the Division." This response was prompted by bitcoin enthusiast Andy Chase, who submitted an official complaint to the agency's Citizen Complaint Center.....


Related News

Coinbase CEO Says Apple’s Crypto Policy Raises ‘Potential Antitrust Issues’

The CEO of the Nasdaq-listed cryptocurrency exchange Coinbase, Brian Armstrong, says Apple has not played nice with crypto, noting that the tech giant has banned a bunch of crypto features in its App Store. Apple’s anti-crypto policy raises “potential antitrust issues,” said the Coinbase executive. Potential Antitrust Issues Coinbase CEO Brian Armstrong talked about Apple’s crypto policy in an episode of the Superteam podcast, which aired last week. Superteam is a podcast that explores the web3 ecosystem in India. Commenting on Apple’s anti-crypto....

Apple Primed to Win Against Australian Banking Cartel in Apple Pay Standoff

A petition to collectively bargain and boycott Apple on Apple Pay by three of Australia’s “big four” banks is set to be dismissed by the Australian Competition and Consumer Commission (ACCC), the country’s antitrust regulator. Fintech is all the rage and Australia’s big banks want in, by demanding access to Apple’s in-house Apple Pay platform with their own terms. The Commonwealth Bank, the National Australia Bank and Westpac are three of Australia’s ‘big four’ banks complaining that Apple is barring them from gaining access to its Apple Pay platform, after negotiations between the banks....

New antitrust legislation aims to put an end to tech monopolies in the US

The era of tech giants buying up their up-and-coming competitors will be over if these senators get their way. The Senate sees new legislation aiming to update antitrust laws for new technologies.Senator and former candidate for the Democratic presidential nomination Amy Klobuchar is introducing the Competition and Antitrust Law Enforcement Reform Act today, Cointelegraph has learned.Sen. Klobuchar, who heads the Senate Antitrust Subcommittee, is looking to put new burdens on companies seeking to acquire competitors. An announcement of the bill noted that it aims to "Shift the burden to....

‘Google Is One of the Most Important Antitrust Cases of All Time,’ With Matt ...

The author of “Goliath” gives his take on the history of American antitrust politics and what it means for the just-announced Google case.

Congress’ renewed attack on Big Tech may clear the field for decentralization

The Antitrust Subcommittee looks for new legal tools to rein in Apple, Amazon, Facebook and Google — a clear opening for tech tools built to decentralize. On Tuesday, a House subcommittee put out a massive report that places Big Tech in the crosshairs of major antitrust reforms.The four firms at the center of the report — Apple, Google, Facebook and Amazon — have been in hot water with Congress for some time. But while the tone of the recent conversation is punitive towards those firms, it also seems to envision a broader shift to new rules that would stop tech from this level of....