Justice Department and states accuse Apple of wielding a smartphone monopoly through market manipulation

Justice Department and states accuse Apple of wielding a smartphone monopoly through market manipulationPublished: 24 minutes ago

Through that conduct, the Justice Department and states allege in the complaint, Apple “built and reinforced the moat around its smartphone monopoly.” Critics have long accused the tech giant of undermining smaller companies by barring app makers from using outside payment systems and charging hefty fees on transactions. The company has begun to open up its walled gardens, but competitors have continued to hammer the changes as insufficient.

Major tech companies including Facebook parent Meta and Microsoft have since argued that Apple’s plan to comply with the decision is deeply flawed.

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