Posted 3/3/2024, 11:23:00 PM
Lawsuit Accuses Apple of Illegal Monopoly Over Cloud Storage for Apple Devices
- Proposed class action lawsuit filed against Apple, alleging the company holds an illegal monopoly over digital storage for its customers
- Suit claims Apple prevents customers from effectively using any cloud storage service other than its own iCloud
- iCloud has exclusive ability to host certain data from Apple devices like settings and app data
- Plaintiffs argue this "ties" devices to iCloud, giving it an unfair advantage and 70% market share
- Suit says iCloud prices are high and "almost pure profit" due to lack of competition enabled by Apple's monopoly