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

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

The US Department of Justice and 16 state and district attorneys general have filed an antitrust lawsuit against Apple, accusing the tech giant of operating an illegal monopoly in the smartphone market. The lawsuit alleges that Apple's contractual restrictions on developers and control over access to its phones have led to higher prices for consumers and hindered competition. Apple has responded, stating that the lawsuit threatens its ability to innovate and create technology, and it plans to vigorously defend against it. This lawsuit follows similar antitrust actions against Google and reflects a broader global effort to rein in the power of tech giants.

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