"Biden Administration to Sue Apple in Landmark Antitrust Case"

1 min read
Source: CNN
"Biden Administration to Sue Apple in Landmark Antitrust Case"
Photo: CNN
TL;DR Summary

The US Justice Department is set to file a landmark antitrust lawsuit against Apple, alleging that the tech giant has harmed competition with its restrictive app store terms, high fees, and "walled-garden" approach. The lawsuit comes after years of criticism and allegations, and represents the Biden administration's latest effort to hold a Big Tech giant accountable under US antitrust law. The case could potentially force changes to Apple's policies, business strategies, and products, and may impact the company's stock price and market value.

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