Apple sued by Biden administration over alleged iPhone 'monopoly power'

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Apple sued by Biden administration over alleged iPhone 'monopoly power'

Post by Admin » Thu Mar 21, 2024 8:51 am

The Department of Justice and 16 state and district attorneys general launched a major lawsuit against the technology giant accusing it of harming consumers by limiting competition.

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The U.S. Department of Justice filed a landmark lawsuit against Apple on Thursday, accusing it of monopolizing the smartphone market.

The civil suit, joined by attorneys general for 15 states and the District of Columbia, accuses Apple of restricting its smartphone operating system in a way that drives up costs for consumers and prevents developers from successfully releasing products on other smartphone systems.

“Consumers should not have to pay higher prices because companies violate the antitrust laws,” Attorney General Merrick Garland said in a news release.

Among the suit's allegations:

Learn more: https://www.nbcnews.com/business/business-news/apple-sued-doj-antitrust-monopoly-biden-rcna144424


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