CFA Urges International Trade Commission to Rule Against Apple's Abuse of Market Power
In response to a case against Apple by the International Trade Commission (ITC), CFA argues that Apple’s egregious abuse of market power, is significantly more harmful than any benefit it might provide. In fact, because competition will swiftly replace any services or products that Apple is no longer able to deliver because of the remedy, there will be little harm and a great deal of benefits for consumers and the economy.
CFA urged the Commission to seize the opportunity to make it clear that this an instance where intellectual property and antitrust law converge so there is no conflict between the two legal standards. In doing so, it would strike a blow for competition, the best form of consumer protection, and the superior approach to defending and promoting the public interest
