#apple monopoly

government, alleging the company is wielding an illegal monopoly over the smartphone market. This lawsuit against Apple was filed by the Department of Justice along with 15 states and the District of Columbia. The lawsuit suggests that Apple is cutting off developers and stifling competitors with punitive restrictions. The parties in contrast to Apple’s operations are taking aim at the company’s most lucrative product, the iPhone. Instead of competing with rivals by offering affordable services, federal and state enforcers claim Apple imposed a ‘series of shapeshifting rules and restrictions’ to ‘extract higher fees, thwart innovation, offer a less secure or degraded user experience, and throttle competitive alternatives’. The iPhone is notably Apple’s most popular product, helping the Silicon Valley giant catapult their valuation to over USD 2 trillion with sales to billions of users. Moreover, the lawsuit marks the federal government’s most aggressive attempt to date in opposing Apple’s dominance over the smartphone market. Attorney General Merrick Garland said that ‘Apple has consolidated its monopoly power by not making its own products better, but by making other products worse’. Read more in our articles including "Apple sued by the US for illegal monopoly over smartphones" and "Apple iPhone 12, 12 mini in Purple now official".