US sues Apple for illegal monopoly over smartphones
- The DOJ sued Apple, claiming its iPhone ecosystem is a monopoly
- Apple faces legal challenges over control of the iPhone App Store
- The lawsuit represents a significant risk to Apple's
361 Articles
361 Articles
The first major antitrust lawsuit against Apple under President Joe Biden has been launched
The company is sued in the United States for anti-competitive practices in the smartphone market
The US suspects Apple of monopolies.
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…
Biden's DOJ files landmark antitrust lawsuit against Apple, alleging illegal monopoly
The Department of Justice announced an antitrust lawsuit against Apple on Thursday for monopolizing or attempting to monopolize the smartphone market. The complaint alleges that Apple “illegally maintains a monopoly over smartphones by selectively imposing contractual restrictions on, and withholding critical access points from, developers,” according to a news release from the DOJ. Exercising a monopolistic power over the smartphone market, the…
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