US government does not have enough money to sue Apple and Google

Stefan Mileschin · 25th December 2021, 06:45

That is what happens when corporates get too powerful

The US Justice Department is still months away from deciding whether to sue Apple or file a new suit against Google over antitrust concerns, because it has does not have enough cash to take the big corporates on right now.

Apparently the department is short of a bob or two after the collapse of President Joe Biden's social spending bill.

DOJ antitrust prosecutors had earlier aimed to wrap up their probes of the two tech giants by Dec. 31, culminating years of scrutiny by the department into Apple's App Store and Google's command of the online ad market.

The decision on going to court is likely to come in March or later because of continued discussions about where to file and who will make the call.

Another major concern for the department is the likely expense of a court battle with the two companies, each of which has a market value exceeding $1 trillion.

In this case Apple and Google had a friend in Democrat Senator Joe Manchin who killed off his own party’s Build Back Better package, which would have given DOJ a $500 million boost for antitrust enforcement. Of course, the DOJ does not need that sort of thing.

https://fudzilla.com/news/54096-us-g...ple-and-google

25th December 2021, 06:45	#1
Stefan Mileschin [M] Reviewer Join Date: May 2010 Location: Romania Posts: 149,207	US government does not have enough money to sue Apple and Google That is what happens when corporates get too powerful The US Justice Department is still months away from deciding whether to sue Apple or file a new suit against Google over antitrust concerns, because it has does not have enough cash to take the big corporates on right now. Apparently the department is short of a bob or two after the collapse of President Joe Biden's social spending bill. DOJ antitrust prosecutors had earlier aimed to wrap up their probes of the two tech giants by Dec. 31, culminating years of scrutiny by the department into Apple's App Store and Google's command of the online ad market. The decision on going to court is likely to come in March or later because of continued discussions about where to file and who will make the call. Another major concern for the department is the likely expense of a court battle with the two companies, each of which has a market value exceeding $1 trillion. In this case Apple and Google had a friend in Democrat Senator Joe Manchin who killed off his own party’s Build Back Better package, which would have given DOJ a $500 million boost for antitrust enforcement. Of course, the DOJ does not need that sort of thing. https://fudzilla.com/news/54096-us-g...ple-and-google

Similar Threads
Thread	Thread Starter	Forum	Replies	Last Post
Apple sees way to make more money for less	Stefan Mileschin	WebNews	0	29th May 2020 13:25
Apple’s money man questions its numbers	Stefan Mileschin	WebNews	0	18th September 2019 07:39
Apple's services are making more money than ever	Stefan Mileschin	WebNews	0	2nd May 2019 09:28
The US government comes for Google, Facebook, and Twitter	Stefan Mileschin	WebNews	0	10th September 2018 07:53
You can now send and receive money through Google Pay	Stefan Mileschin	WebNews	0	11th July 2018 08:21
US government helping Apple dodge EU taxes	Stefan Mileschin	WebNews	0	6th July 2017 09:31
Google and Facebook come out against government spying	Stefan Mileschin	WebNews	0	27th April 2015 06:50
Apple blows money on two data centres	Stefan Mileschin	WebNews	0	24th February 2015 05:58
Apple wants more money from Samsung, so it's asking for a retrial	Stefan Mileschin	WebNews	0	26th May 2014 08:25
Apple wants silly money from Samsung	Stefan Mileschin	WebNews	0	10th April 2014 07:47