"DOJ Set to Sue Apple for Antitrust Violations"

1 min read
Source: Yahoo Finance
"DOJ Set to Sue Apple for Antitrust Violations"
Photo: Yahoo Finance
TL;DR Summary

The Justice Department is preparing to sue Apple for antitrust violations, alleging that the tech giant has unlawfully blocked rivals from accessing iPhone hardware and software features. This marks the Biden administration's latest move in its antitrust battles against major US technology companies, following suits against Google, Meta Platforms Inc., and Amazon.com Inc. Apple is also facing increased scrutiny in Europe over alleged anticompetitive behavior, including a recent €1.8 billion fine for restricting music streaming rivals. The lawsuit comes amid ongoing concerns about Apple's dominance and potential violations of EU regulations for Big Tech.

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