Antitrust Suit Against Apple: Examining the Allegations of Monopolistic Practices
Thursday, 21 March 2024, 16:05
US Files Antitrust Suit Against Apple
The US government and 16 state attorneys general have jointly filed an antitrust lawsuit against Apple, accusing the tech giant of monopolistic practices related to the iPhone.
Allegations of Market Control
- Limiting Choices: Apple is accused of restricting consumer options by exerting significant control over the iPhone ecosystem.
- Price Inflation: The lawsuit claims that Apple's monopoly power results in inflated prices for consumers, impacting their purchasing decisions.
The legal action highlights the escalating scrutiny faced by major tech companies for their market dominance and competitive practices.
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