Monopoly

Justice Department Takes on Apple’s Alleged Smartphone Monopoly, Pushes for Fair Competition

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WASHINGTON (AP) — The Justice Department’s antitrust lawsuit against Apple is shaping up to be a major battle reminiscent of the government’s 1990s case against Microsoft. However, the complaint filed by the Justice Department last week appears to lack the impact and force of that earlier blockbuster case. Last week, the Justice Department and attorneys general from 16 states accused Apple of illegally monopolizing the smartphone market and using its power to lock consumers into its products for higher profits. But the key question isn’t just about Apple’s financial success, it’s about whether the company … Read more

Apple Faces Landmark Antitrust Lawsuit, Accused of Betraying Its ‘Think Different’ Slogan and Creating a Powerful Monopoly

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SAN FRANCISCO, California – In a significant antitrust lawsuit filed on Thursday, the United States government accused Apple of betraying its own “think different” slogan. The lawsuit alleges that the tech giant has created a powerful monopoly that has locked millions of users into its ecosystem, making it one of the most valuable companies worldwide. This lawsuit marks a turning point for Apple, which had managed to avoid major antitrust action until now while other Big Tech companies faced scrutiny. The company now faces intense scrutiny from regulators in both the US and the EU, … Read more