"Antitrust Lawsuit Against Apple: What Consumers Need to Know"

1 min read
Source: Reuters
"Antitrust Lawsuit Against Apple: What Consumers Need to Know"
Photo: Reuters
TL;DR Summary

Apple faces multiple consumer lawsuits alleging monopolization of the smartphone market through anticompetitive conduct, following a recent antitrust case by the U.S. Justice Department and 15 states. The lawsuits claim that Apple inflated product costs and suppressed technology for messaging apps and digital wallets to stifle competition. Apple denies the allegations and is already fighting private lawsuits challenging its business practices.

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