Apple Faces Antitrust Lawsuit for Alleged Smartphone Market Monopoly

  • 📰 dcexaminer
  • ⏱ Reading Time:
  • 11 sec. here
  • 10 min. at publisher
  • 📊 Quality Score:
  • News: 36%
  • Publisher: 94%

Technology News

Apple,Antitrust,Lawsuit

Sixteen state attorneys general have brought an antitrust suit against Apple for allegedly illegally monopolizing the smartphone market. The suit accuses Apple of maintaining an illegal monopoly by imposing contractual restrictions on developers and undermining apps, products, interoperability, and lower costs for consumers and developers. This lawsuit reflects a larger shift in antitrust law from officials in the Biden administration and some populist allies on the Right.

Sixteen state attorneys general have filed an antitrust lawsuit against Apple, accusing the company of illegally monopolizing the smartphone market. The lawsuit alleges that Apple has maintained an illegal monopoly by imposing contractual restrictions on developers and undermining apps, products, interoperability, and lower costs for consumers and developers.

This lawsuit reflects a larger shift in antitrust law, with officials in the Biden administration and some populist allies on the Right advocating for a change in the consumer welfare standard

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 6. in BUSİNESS

Business Business Latest News, Business Business Headlines