US Justice Department Sues Apple for Alleged Smartphone Market Monopoly

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US Justice Department Sues Apple for Alleged Smartphone Market Monopoly
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The lawsuit alleges that Apple strategically restricted developers of software, applications, and services that could have potentially reduced costs for consumers, allowing Apple to extract more money from consumers, software developers, publishers, and merchants.Attorney General Merrick Garland said in a statement, “Consumers should not have to pay higher prices because companies violate the antitrust law.

The Justice Department sued Apple on Thursday, alleging the company illegally maintained a monopoly over smartphones in a wide-ranging lawsuit.

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