U.S. hits Apple with antitrust suit, accusing tech giant of stifling competition
Apple Inc., one of the world's most valuable and influential companies, illegally engaged in anti-competitive behavior in an effort to build a "moat around its smartphone monopoly" and maximize its profits at the expense of consumers, the Justice Department alleged in a blockbuster antitrust lawsuit filed Thursday.
In a complaint filed in federal district court in New Jersey, the Justice Department accused the company of using its app development rules, iPhone features and hardware that customers use every day — including iMessage, Apple Wallet and smartwatches — to thwart competition and expand its business by charging higher prices. Fifteen states and the District of Columbia joined the Justice Department as plaintiffs in the suit.
"Apple has maintained monopoly power in the smartphone market not simply by staying ahead of the competition on the merits, but by violating federal antitrust law," Attorney General Merrick Garland said in remarks at Justice Department headquarters. "Consumers should not have to pay higher prices because companies break the law."
https://www.msn.com/en-us/news/technolo ... r-BB1kiog1
No surprises there ...
