Evercore ISI says @Apple ultimately prevails against the DOJ: "....existing laws make it very difficult to argue Apple operates a monopoly using market definitions or consumer harm standards."
BREAKING: Apple says Justice Department suit alleging illegal monopoly over smartphones in US is 'wrong on the facts and the law.' - AP https://t.co/p689Bfk927
🔴 APPLE SAYS DOJ SUIT ALLEGING MONOPOLY ON SMARTPHONES IS WRONG - AP.
Apple has responded to a DOJ suit filed by the Justice Department, which accuses the tech giant of holding an illegal monopoly over the smartphone market in the United States. Apple contends that the allegations are 'wrong on the facts and the law,' according to reports by the Associated Press (AP). Financial analysis firm Evercore ISI has weighed in on the matter, predicting that Apple is likely to succeed against the DOJ's claims. Evercore ISI argues that under current laws, it's challenging to prove Apple operates a monopoly based on market definitions or consumer harm standards.
