Seven U.S. Senate Democrats asked the Trump administration on Friday to disclose details of possible Federal Trade Commission and Justice Department antitrust investigations into Amazon.com Inc, Facebook Inc, Alphabet Inc and Apple Inc.
The senators led by Senator Amy Klobuchar, a presidential candidate, said in the letters to FTC Chairman Joe Simons and Justice Department antitrust chief Makan Delrahim that “given the silence of the FTC and the Justice Department, the truth is that we still do not know if these investigations have actually been initiated and neither do the American people.”
The letters were also signed by Patrick Leahy, Richard Blumenthal, Tammy Baldwin, Edward Markey, Tina Smith and Cory Booker – another presidential candidate – who said they were encouraged by the media reports of investigations “but also somewhat troubled that such inquiries were not already well underway.”
MacDailyNews Take: Blah, blah, blah.
Apple is not a monopoly in any market in which they participate. Therefore, there is no legal basis for “breaking up” Apple Inc.
So, Apple’s case, there is no monopoly (which is legal by the way), much less monopoly abuse (which is explicitly impossible given the nonexistence of a monopoly). You cannot abuse a monopoly and therefore face antitrust action when you do not have a monopoly.
Worldwide smartphone OS market share, February 2019:
• Android: 74.15%
• iOS: 23.28%
Again, it’ll be very interesting to see the breakdown of political donations out of Silicon Valley this cycle.
This article was originally posted here