"Antitrust Showdown: Impact of US Lawsuits on Apple's iPhone Ecosystem"

1 min read
Source: The New York Times
"Antitrust Showdown: Impact of US Lawsuits on Apple's iPhone Ecosystem"
Photo: The New York Times
TL;DR Summary

The Justice Department has filed an antimonopoly lawsuit against Apple, accusing the tech giant of violating competition laws with practices designed to maintain customer reliance on their iPhones. This move marks the latest and most significant regulatory action against Apple's suite of devices and services, which have propelled the company to a nearly $3 trillion valuation.

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