This Week Health
Alex's Lemonade Stand This Week Health
<- Back to Insights
March 27, 2024

US sues Apple for illegal monopoly over smartphones - The Verge

The Verge
|
Summary
The US Department of Justice, alongside 16 state and district attorneys general, has filed an antitrust lawsuit against Apple, accusing the tech giant of maintaining an illegal monopoly in the smartphone market. The lawsuit alleges that Apple has engaged in practices that drive up prices and restrict competition, such as imposing contractual restrictions on developers, blocking cloud-streaming apps, and limiting interoperability with rival products, thus making users more reliant on Apple's ecosystem. The government seeks to compel Apple to cease these practices, though it has not specified if it would seek to break up the company. Apple has responded by asserting that the lawsuit misunderstands its business and threatens its ability to innovate, indicating plans to vigorously defend against the claims. This action against Apple follows a pattern of increased scrutiny by US authorities on tech giants for alleged monopolistic practices.

Explore Related Topics

Subscribe Now

Receive seven top stories daily to your inbox
Subscribe News
Healthcare Transformation Powered by Community

© Copyright 2024 Health Lyrics All rights reserved