Justice Department sues Apple, claims company holds iPhone monopoly
Channel: Straight Arrow News
Date: 21/03/2024

The Justice Department announced Thursday, March 21, that it has filed a significant antitrust lawsuit against Apple Inc., accusing the technology behemoth of illegal anti-competitive practices aimed at maintaining its smartphone market monopoly and inflating profits. According to the lawsuit, Apple is alleged to have manipulated application development rules and features of its iPhones — including iMessage and Apple Wallet — to suppress competition and elevate pricing.

This report was created with support from enhanced software.

Full Story: https://san.com/cc/justice-department-sues-apple-claims-company-holds-iphone-monopoly/

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