June 24, 2024

Apple Accused of Monopolizing Smartphone Market

US... </div> <div class="entry-content-wrap read-single"> <div class="entry-content read-details"> <p><!DOCTYPE html> <html lang="en"> <head> <meta charset="UTF-8"> <meta http-equiv="X-UA-Compatible" content="IE=edge"> <meta name="viewport" content="width=device-width, initial-scale=1.0"> <title>US accuses Apple of monopolising smartphone market

US accuses Apple of monopolising smartphone market

The United States Justice Department has filed a lawsuit against tech giant Apple, accusing the company of monopolising the smartphone market. The lawsuit alleges that Apple’s control over its app store and restrictions imposed on developers have limited competition in the industry.

The lawsuit comes after a year-long investigation into Apple’s business practices, which have come under scrutiny for allegedly stifling competition and innovation. The Justice Department is seeking to force Apple to change its practices and open up the market to more competition.

Apple has denied the allegations, stating that its app store policies are designed to protect users and ensure the security of its devices. The company maintains that it operates in a highly competitive market and that its practices are in line with industry standards.

This lawsuit is just the latest in a series of legal challenges faced by Apple in recent years. The company has been accused of anticompetitive behavior in other markets as well, including the music streaming and e-book industries.

It remains to be seen how this lawsuit will play out, but the outcome could have far-reaching implications for the smartphone industry and the tech sector as a whole.