Lawsuit from Arizona's attorney general could break Apple's alleged stranglehold on smartphone market

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PHOENIX — Arizona is joining a growing list of states and nations that are taking aim at Apple's purported monopoly stranglehold on the smartphone market.

"Apple has used its monopoly power to block competition, stifle innovation, and extract higher prices from consumers," Mayes said in a press release."No company, even one as big as Apple, is above the law." . The increased policing of corporate mergers and business deals has been met with resistance from some business leaders who have said the Democratic administration is overreaching, but it’s been lauded by others as long overdue.

 

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