Coalition including Epic, Spotify, Deezer, Match Group and others applaud DOJ’s Apple suit in statement

March 21, 2024

The Coalition for App Fairness (CAF) released a statement on Thursday cheering on the Department of Justice’s antitrust lawsuit against Apple. The group includes a number of key app makers, including Epic Games, Spotify, Deezer, Match Group, Proton and others. “With today’s announcement, the Department of Justice is taking a strong stand against Apple’s stranglehold […]

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Reddit’s IPO has begun with shares soaring 60% within minutes

March 21, 2024

Shares of social forum giant Reddit opened today at nearly $47 per share, then quickly soared to around $55, up about 60% in heavy volume from its IPO price of $34 per share. The company had indicated a target range of $31 to $34 per share in the run-up to its public-market debut, eventually settling […]

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DOJ claims green bubbles are an issue in iPhone monopoly suit

March 21, 2024

The United States Department of Justice filed an antitrust lawsuit against Apple earlier today. The suit touches on several (allegedly) anticompetitive practices. But one category in particular caught our attention as the DOJ spends quite a bit of time talking about “green bubbles” and “blue bubbles.” When an iPhone user sends a message to another […]

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Apple’s iPhone is not a monopoly like Windows was a monopoly

March 21, 2024

The U.S. Department of Justice plus attorneys general from 16 states and the District of Columbia sued Apple for antitrust this morning in federal court. The suit alleges that the company has a monopoly in the premium smartphone market and uses a variety of illegal tactics to perpetuate that monopoly. Leaving aside the details of […]

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Is the Apple antitrust suit a silver lining for Epic Games?

March 21, 2024

The Department of Justice and seventeen state attorneys general filed a massive lawsuit against Apple on Thursday morning, accusing the company of monopolistic smartphone practices. Meanwhile, Fortnite maker Epic Games has been accusing Apple’s iOS App Store of antitrust violations for years in an ongoing, arduous legal battle. Epic is never named explicitly in the […]

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