US sues Apple for illegal monopoly over smartphones

The Morning After: Justice Department files antitrust lawsuit against Apple

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Apple's Days of Smartphone Monopoly Are Coming To An End - Apple (NASDAQ:AAPL)

On Thursday, U.S. the US Justice Department, along with 17 states and districts, filed a blockbuster lawsuit against Apple Inc (NASDAQ: AAPL). Apple has been accused of illegally monopolizing the smartphone market by violating federal antitrust law to stay ahead of its rivals. As a reminder, Apple ended 2023 by dethroning Samsung as the world’s biggest smartphone seller. Samsung led for 12 years, but Apple got the crown after releasing its iPhon…

Apple accused of monopolising smartphone markets in US antitrust lawsuit

Department of Justice and 15 states on Thursday sued Apple as the government cracks down on Big Tech, alleging the iPhone maker monopolised the smartphone market, hurt smaller rivals and drove up prices.

The shares of the American technology giant Apple fell in price by 4% at the end of Thursday's trading after two lawsuits were filed against the company, according to RIA Novosti, 22.03.2024

A huge lawsuit has been hung around Apple's neck, the company is in serious trouble

DOJ Files Massive Antitrust Suit Against Apple, Accuses Them of Monopolizing the Smartphone Market