US V. Apple Lawsuit Could Affect U.S. Competition And Innovation
Headline from Forbes
Justice Department antitrust suit against Apple for monopolizing the smartphone market could backfire by undermining consumer welfare and American innovation.
Forbes's own description from its feed. We collect headlines and these descriptions, not full articles; read the original reporting below.
The Department of Justice and 16 states have filed a lawsuit against Apple, accusing the company of abusing its power as a monopoly to edge out rivals and ensure customers keep using its products.
The lawsuit alleges that Apple has used its power over app distribution on the iPhone to thwart innovations that would have made it easier for consumers to switch phones.
The U.S. Department of Justice has filed an antitrust lawsuit against Apple, targeting the Silicon Valley giant for its stranglehold over the iPhone ecosystem.
The Department of Justice and more than a dozen states sued Apple in a landmark antitrust case. They argue the tech giant created a monopoly in the smartphone market by using excessively restrictive hardware and apps that keep customers locked into Apple’s ecosystem, putting a “chokehold on competit…
Justice Department antitrust suit against Apple for monopolizing the smartphone market could backfire by undermining consumer welfare and American innovation.
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How open or closed a tech product should be, and how much control a company has the right to exercise over its own product, has divided the tech industry from its earliest days.
The Justice Department and others filed a lawsuit against Apple on Thursday, accusing the company of abusing its power as a monopoly to edge out rivals and ensure customers keep using its products.
The U.S. Department of Justice sued Apple on Thursday, accusing it of using the iPhone’s market power to cut off rivals, kicking off a multi-year process involving hundreds of lawyers and threatening Apple’s “walled garden” business model.
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