"DOJ Files Landmark Antitrust Lawsuit Against Apple Over iPhone Monopoly"

1 min read
Source: CNBC
"DOJ Files Landmark Antitrust Lawsuit Against Apple Over iPhone Monopoly"
Photo: CNBC
TL;DR Summary

The Department of Justice has filed a lawsuit against Apple, alleging that the company's iPhone ecosystem constitutes a monopoly that harms consumers, developers, and rival phone makers. The lawsuit claims that Apple's anti-competitive practices extend beyond the iPhone and Apple Watch businesses, impacting advertising, browser, FaceTime, and news offerings. The lawsuit could potentially force Apple to make changes in its most valuable businesses, including the iPhone, Apple Watch, and its services line. Apple has stated that it disagrees with the lawsuit's premise and will defend against it, while the DOJ seeks to hold Apple accountable and prevent similar practices in other markets.

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