Posted 3/21/2024, 8:12:00 PM
Justice Department Sues Apple Over Alleged Smartphone Monopoly
- Justice Department sues Apple, alleges illegal smartphone market monopoly that blocks competitors, limits innovation, keeps prices high
- Seeks to stop Apple from limiting competitor access to key technologies like messaging, payments, etc. to maintain dominance
- Lawsuit filed with 16 states, part of administration's big tech antitrust push against Apple, Google, Amazon, etc.
- Charges Apple's strict control of iPhone ecosystem lets it charge high fees, control app distribution, reduce functionality of rivals
- Apple calls lawsuit unfounded, says control needed for security, privacy, integration; critics allege privacy stance hides profit motives