Apple May Face Anti-Trust Action

Steve Jobs may regret dissing Flash. Anti-trust regulators are investigating whether Apple violated the law by ordering developers to use Apple-made tools to build applications for the iPhone and iPad. An anti-trust case would be an odd twist for Apple, the firm that once asked regulators to slay tech Goliaths like Microsoft. But, notes the New York Post, with a $236 billion market cap they'll be hard-pressed to play David.

The Justice Department and the FTC are negotiating who will handle the case if it proceeds, notes Reuters. Click here to read Steve Jobs' anti-Adobe rant.

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