Tuesday, April 23, 2024
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US Government Sues Apple Over Becoming A Monopoly Power

Attorney General Merrick Garland announced an antitrust lawsuit against Apple over its becoming a monopoly power. The issue at hand is the Apple ecosystem, which makes it difficult for consumers to switch from iPhone or Mac computers to an alternative. Everything from the text messaging system to the inner workings of payment processing is proprietary to Apple on its devices. CEO Tim Cook says the lawsuit is anti-business and makes it difficult for Apple to innovate. 15 states and Washington, D.C., are in on the lawsuit against the trillion-dollar corporation in hopes that they will adopt more consumer-friendly practices.

SOURCES:

US vs. Apple: Antitrust Lawsuit Explained – YouTube

Garland announces lawsuit against Apple on alleged smartphone ‘monopoly power’ – YouTube

U.S. Justice Dept. Sues Apple, Claiming iPhone Monopoly in Antitrust Case – The New York Times

DOJ sues Apple over iPhone monopoly in landmark antitrust case

Antitrust experts are impressed by DOJ suit against Apple – The Verge

DOJ sues Apple in antitrust case, says it has illegal monopoly over smartphones | AP News

Live updates: US sues Apple in antitrust complaint

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