U.S. Justice Department sues Apple for alleged monopoly in smartphone markets

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U.S. Justice Department sues Apple for alleged monopoly in smartphone markets

STORY: U.S. Justice Department sues Apple for alleged monopoly in smartphone markets SHOOTING TIME: March 21, 2024 DATELINE: March 22, 2024 LENGTH: 00:01:29 LOCATION: Washington D.C. CATEGORY: ECONOMY SHOTLIST: 1. various of press conference 2. SOUNDBITE 1 (English): MERRICK GARLAND, U.S. Attorney General 3. SOUNDBITE 2 (English): MERRICK GARLAND, U.S. Attorney General 4. SOUNDBITE 3 (English): MERRICK GARLAND, U.S. Attorney General STORYLINE: The U.S. Justice Department, along with 16 other state and district attorneys general, on Thursday filed a civil antitrust lawsuit against Apple, accusing the tech giant of illegally maintaining a monopoly over smartphones. SOUNDBITE 1 (English): MERRICK GARLAND, U.S. Attorney General "Apple has maintained monopoly power in the smartphone market not simply by staying ahead of the competition on the merits, but by violating federal antitrust law. Consumers should not have to pay higher prices because companies break the law. We allege that Apple has employed a strate

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