Randy Picker Speaks on Yahoo Finance About DOJ’s Suit Against Apple
DOJ faces 'two critical issues' in Apple suit
The Department of Justice has brought a lawsuit against Apple (AAPL) over alleged monopolistic practices concerning its Apple iPhone. University of Chicago Professor of Law Randy Picker joins Yahoo Finance Live to provide insights into Apple's legal battle.
Picker highlights that the Department of Justice will face "two critical challenges" in its attempted suit against Apple: first, defining "what's the market," which in this case is the smartphone market, and second, establishing what specific actions taken by Apple with its monopoly power are deemed "problematic" or illegal. The center of the matter will be determining what "sharing obligations" Apple has regarding its products.
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