03-13-2012, 11:19 AM
Government keeping eye on Apple as its power grows
Business First
Date: Tuesday, March 13, 2012, 6:36am EDT
The federal government and antitrust experts are watching Apple Inc. closely for signs the company might be wielding its power to stifle competition in the entertainment and mobile electronics markets in which is operates.
According to an MSNBC report, Apple (NASDAQ: AAPL) has yet to garner the same level of antitrust scrutiny that technology giants Google Inc. (NASDAQ: GOOG) and Microsoft Corp. (NASDAQ: MSFT) drew from the U.S. Justice Department and Federal Trade Commission as they gained significant market share.
The report noted that Apple has raised some antitrust concerns, such as a warning from regulators that its deals with five book publishers illegally drove up prices on electronic books.
Some experts said the reason Apple has not faced more antitrust challenges is because the company is relatively young in its dominance of markets for mobile devices and tablet computers.
Business First
Date: Tuesday, March 13, 2012, 6:36am EDT
The federal government and antitrust experts are watching Apple Inc. closely for signs the company might be wielding its power to stifle competition in the entertainment and mobile electronics markets in which is operates.
According to an MSNBC report, Apple (NASDAQ: AAPL) has yet to garner the same level of antitrust scrutiny that technology giants Google Inc. (NASDAQ: GOOG) and Microsoft Corp. (NASDAQ: MSFT) drew from the U.S. Justice Department and Federal Trade Commission as they gained significant market share.
The report noted that Apple has raised some antitrust concerns, such as a warning from regulators that its deals with five book publishers illegally drove up prices on electronic books.
Some experts said the reason Apple has not faced more antitrust challenges is because the company is relatively young in its dominance of markets for mobile devices and tablet computers.