Apple accused of monopolizing smartphone markets in US antitrust lawsuit


FILE PHOTO: The Apple Inc. logo is seen in the lobby of New York City's flagship Apple store January 18, 2011. REUTERS/Mike Segar/File Photo

WASHINGTON (Reuters) -The U.S. Department of Justice and 15 states on Thursday sued Apple as the government cracks down on Big Tech, alleging the iPhone maker monopolized the smartphone market, hurt smaller rivals and drove up prices.

Apple joins competitors sued by regulators, including Alphabet's Google, Meta Platforms and Amazon.com across the administrations of both former President Donald Trump and President Joe Biden.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Tech News

AI industry not in a bubble, but stocks could see correction, SK chief says
The rise of�AI reasoning models comes with a big energy tradeoff
Amazon pays Italy 180 million euros to end tax, labour probe, sources say
Meta’s Zuckerberg plans deep cuts�for metaverse efforts
Tech tracking to tackle human-wildlife conflict in Zimbabwe
Like fancy Japanese toilets? You’ll love the sound of this.
Facebook 'supreme court' admits 'frustrations' in five years of work
Russia restricts FaceTime, its latest step in controlling online communications
Studies: AI chatbots can influence voters
LG Elec says Microsoft and LG affiliates pursuing cooperation on data centres

Others Also Read