Business Summary: Apple vs. the World

Currently, it’s Apple vs. the rest of the world antitrust battles all over the world, with the US and the European Union suing the iPhone maker for alleged anti-competitive behavior.

In March, the Justice Department laid out its case at a press conference, explaining all the ways Apple’s products and services were designed to allow users to stay in the “Apple ecosystem”: from the iPhone to the Apple Watch to the App Store and more.

Big Money Show co-host Taylor Riggs joins antitrust expert, author, and New York University Law School professor Harry Firstto refute accusations of monopoly against Apple and how to maintain fair competition in the business world while allowing capitalism to pick winners and losers.