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The Indicator from Planet Money

The DOJ's case against Apple

The Indicator from Planet Money

NPR

Business

4.79.5K Ratings

🗓️ 12 September 2024

⏱️ 12 minutes

🧾️ Download transcript

Summary

The Department of Justice thinks Apple has violated an antitrust law, pointing to its ecosystem of apps and products. Apple, for its part, thinks the DOJ is wrong on both the facts and the law. Today on the show, why the DOJ brought this lawsuit against one of the largest companies in the world and why it matters for all you smartphone owners out there.

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Transcript

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0:00.0

NPR. This is the indicator for Planet Money, I'm Adrian Ma.

0:14.0

And I'm Waylon Wong.

0:15.0

This week, Apple did something that it does every year around this time.

0:19.0

It announced a new iPhone.

0:22.0

But this year, there are legal clouds hanging over Apple and the

0:25.8

iPhone. For one thing the day after the announcement the European Union's top

0:30.4

court ordered the company to pay about 14 billion dollars in fat taxes to Ireland.

0:36.1

That's where Apple's European headquarters are. And here in the US, federal

0:40.5

regulators have this outstanding lawsuit against Apple for allegedly violating antitrust laws.

0:46.0

Today on the show, we're going to focus on that.

0:49.0

Why the DOJ brought this suit and why it matters for the millions of people who have a smartphone.

0:56.3

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1:00.2

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1:06.4

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1:09.6

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1:15.0

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1:19.0

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1:25.0

More at IU.DU. forward.

1:29.0

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1:35.0

Farmer Tyler Webb shares what being a steward of his land means to him.

1:41.0

When I think of land stewardship, it's taking the opportunity to like slowly walk through your farm.

...

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