Apple Inc. Goes To Trial on Anti-Trust Charges Today

Mark Melin

Published onDecember 2, 2014

Updated on May 13, 2021

Apple Inc. (NASDAQ:AAPL)’s late founder Steve Jobs will testify in court today in a $1 billion anti-trust case.

Apple violated antitrust laws to maintain a monopoly

Video testimony of Jobs, recorded six months before he passed, will be admitted in evidence in an Oakland, CA court today. Apple Inc. (NASDAQ:AAPL) is on trial for in a class action lawsuit that claims it violated antitrust laws and tried to maintain a monopoly. The company is specifically being charged that it forced customers into iTunes to purchase music, according to a Bloomberg report.

In 2004 RealNetworks,...

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Mark Melin

Mark Melin is an alternative investment practitioner whose specialty is recognizing the impact of beta market environment on a technical trading strategy. A portfolio and industry consultant, wrote or edited three books including High Performance Managed Futures (Wiley 2010) and The Chicago Board of Trade’s Handbook of Futures and Options (McGraw-Hill 2008) and taught a course at Northwestern University's executive education program.

Apple Inc. Goes To Trial on Anti-Trust Charges Today

Apple violated antitrust laws to maintain a monopoly

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