apple monopoly

Today, we’re picking guest host Amy Scott’s brain about two major news stories: the Baltimore bridge collapse and the recent Realtors settlement. We have lots of questions for the Baltimore resident and senior Marketplace correspondent covering all things housing! Plus, we’ll celebrate an American teen who made figure skating history.

Here’s everything we talked about today:

• • “Key Bridge disaster slows or stops Baltimore port jobs” from Marketplace

• • “Maryland legislators hope to help port workers and others affected by the bridge collapse” from Marketplace

• • “Lina Khan – FTC Chair on Amazon Antitrust Lawsuit & AI Oversight” from “The Daily Show with Jon Stewart”

• • “Jon Stewart claims Apple wouldn’t let him interview FTC chair on his podcast” from Axios

• • “The U.S. sues Apple, saying it abuses its power to monopolize the smartphone market” from NPR

• • “The Realtors settlement could change how agents work with homebuyers” from Marketplace

• • “Teenager Ilia Malinin lands a record SIX quads to capture world figure skating title” from NBC Sports

• • “Ilia Malinin wins first world figure skating title with historic six quadruple jumps” from NBC Sports

Join us tomorrow for Economics on Tap! The YouTube livestream starts at 3:30 p.m. Pacific time, 6:30 p.m. Eastern. We’ll have news, drinks, a game and more.

Last week, the Justice Department took aim at Apple, accusing the company of violating competition laws with practices intended to keep customers reliant on their iPhones.

David McCabe, who covers technology policy for The Times, discusses the latest and most sweeping antimonopoly case against a titan of Silicon Valley.

Guest: David McCabe, who covers technology policy for The New York Times.

Background reading: 

• The lawsuit caps years of regulatory scrutiny of Apple’s suite of devices and services.
• Read about five major U.S. cases targeting Big Tech.

For more information on today’s episode, visit nytimes.com/thedaily. Transcripts of each episode will be made available by the next workday. 

The case against the tech giant has been brewing since 2019 and while the smartphone maker is usually well-equipped to bat away regulators, this fight could bruise. Why Jimmy “Barbecue” Chérizier, Haiti’s most prominent warlord, could play a key role in the country’s future (09:48). And, the Dutch-American primatologist who showed animals to have kinder instincts (16:40).

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This week, the U.S. Department of Justice sued Apple, saying the company holds a monopoly over the smartphone market. We break down the lawsuit and ask whether it will be a major turning point in Apple’s dominance. Then, Jonathan Haidt, a social psychologist, argues that smartphones and social media are the cause of widespread increases in mental health issues among young people. He tells us his four potential solutions to the problem. And finally, Reddit’s market capitalization hit $9.2 billion when it debuted on the New York Stock Exchange this week, but the company still isn’t making money. We talk about the challenges Reddit faces as it goes public, and how the site may change as a result.

Today’s guest:

• Jonathan Haidt, author of “The Anxious Generation”

Additional Reading:

• U.S. Sues Apple, Accusing It of Maintaining an iPhone Monopoly
• End the Phone-Based Childhood Now
• Reddit’s I.P.O. Is a Content Moderation Success Story

We want to hear from you. Email us at hardfork@nytimes.com. Find “Hard Fork” on YouTube and TikTok.

Krystal and Saagar bring the news about Elon Musk, BlockFi, Balenciaga controversy, Georgia Senate Runoff, Julian Assange, Biden averting Rail Strike, the Loneliness Epidemic, inside the FTX collapse, and Fifa's takedown of Breaking Points video.

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Intro Music Credit:

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Referenced in the show:

NYT - N.Y.C. Mayoral Race Highlights: Adams Leads in Early Results Over Wiley and Garcia

https://www.nytimes.com/live/2021/06/22/nyregion/nyc-primary-election

Vanity Fair - Eric Adams interview

https://www.vanityfair.com/news/2021/06/eric-adams-nyc-mayor-interview

NY Daily News - ‘We don’t want fancy candidates’: Eric Adams declares himself ‘face of the new Democratic Party’

https://www.nydailynews.com/news/politics/nyc-elections-2021/ny-eric-adams-democratic-party-nyc-mayoral-race-20210624-oemlj42abzc7jnime4tjfddfhm-story.html

Jesse Bloom COVID origin research paper

https://www.biorxiv.org/content/10.1101/2021.06.18.449051v1

Destined for War: Can America and China Escape Thucydides’s Trap? by Graham Allison

https://rb.gy/7vj8ks

Apple says third-party app stores would leave iPhone users vulnerable to scammers

https://fortune.com/2021/06/23/apple-iphone-third-party-app-store-users

The Pull Request - Bad Apple* by Antonio Garcia Martinez

https://www.thepullrequest.com/p/bad-apple

Show Notes:

0:00 Besties hash out a new format & the purpose of the podcast

14:31 NYC rejects far-left candidates in mayoral primary; importance of crime, homelessness & drug abuse in elections

29:29 New developments in the Wuhan lab leak theory, ramifications for our relationship with China

54:07 Congress turns the heat on up big tech, Apple's App Store monopoly in trouble

1:09:25 Antonio Garcia Martinez's first Substack article on Apple