"U.S. Prepares Major Antitrust Lawsuit Against Apple Amid Mixed Financial Forecasts"

1 min read
Source: The New York Times
"U.S. Prepares Major Antitrust Lawsuit Against Apple Amid Mixed Financial Forecasts"
Photo: The New York Times
TL;DR Summary

The U.S. Justice Department is nearing the end of its antitrust investigation into Apple, potentially leading to a significant lawsuit against the tech giant. The focus is on Apple's use of its control over iPhone hardware and software to stifle competition and maintain customer loyalty through integrated services like Apple Watch and Apple Pay. This could be the most substantial federal antitrust action against Apple, following similar lawsuits against other tech leaders like Google, Amazon, and Meta. Apple's business practices, including restrictions on iMessage and the App Store, are under scrutiny, with no final decision yet on the lawsuit's filing or its contents.

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