This is CBS I in the world. I'm John Bachelor.

Apple, iPhone, I'm Mac, all around me has been for years, ease of use, extremely,

extremely careful and reliable, doesn't break, I replace what doesn't break.

Apple right now is the target of a antitrust case and I need

Professor Richard Epstein of the Hoover Institution to teach his law at NYU and the

University of Chicago to help me sort out why this

case was brought against such a superior group of machines around me superior to everything else I've tried including

PCs high-end PCs. Richard a very good evening to you I begin with a

quote this is a summary of the original case of the Department of Justice against Apple.

Quote, Apple launched the iPhone, a smartphone that offered high-end hardware and software applications

called apps, built atop a mobile operating system that mimicked the functionality and ease of

use of a computer.

Initially, the company only offered a small number of apps, but it, quote,

quickly realized the enormous value that a broader community of entrepreneurial innovative

developers could drive to its users and the iPhone

platform more broadly.

I stopped reading there because it sounded to me like Apple's a great success.

Where are we going with this, Richard? Good evening to you.

Yeah, when I first read that passage I said is the government writing a brief for

Apple is writing one for itself but we now know what the definition of an antitrust violation is,

supply superior products at lower prices, leave many of your competitors struggling to pick up the odd pieces at the end,

and you have committed an antitrust violation because the

...