HomeNewsApple Faces Legal Battle Over Monopoly Claims

Apple Faces Legal Battle Over Monopoly Claims

Published on

The US Justice Department and numerous states filed an antitrust lawsuit against Apple, alleging illegal smartphone market monopolisation.

Attorney General Merrick Garland stated that Apple maintained its dominance by violating federal antitrust laws. The lawsuit, filed in New Jersey, follows years of complaints about Apple’s restrictive app store terms and “walled-garden” approach.

Apple denied the allegations, expressing intent to contest them. Critics argue Apple’s actions stifle innovation and harm competition. Garland emphasised the need to challenge such monopolies to protect free markets. Critics cite disparities, like iPhone’s superior multimedia messaging compared to Android. Apple agreed to improve text messaging quality but maintains a perceived class divide.

LATEST NEWS

NDB Bank Reinforces Financial Resilience with Trusted Gold Loan Solutions

As Sri Lanka continues to navigate numerous economic shifts, NDB Bank reaffirms its role...

LAUGFS Holdings Appoints Dr. Ravi Edirisinghe as Group Managing Director and CEO

LAUGFS Holdings Limited, one of Sri Lanka’s leading diversified conglomerates, has appointed Dr. Ravi...

HP Offers Exclusive Three-Year Warranty for Laptops Bought Through Authorised Sellers

HP has announced the introduction of an exclusive three-year warranty for a select range...

Baurs marks a historic milestone in corporate Sri Lanka with its 1000th board meeting

A. Baur & Co. (Pvt.) Ltd, also widely known as Baurs, a leading and...

MORE LIKE THIS

NDB Bank Reinforces Financial Resilience with Trusted Gold Loan Solutions

As Sri Lanka continues to navigate numerous economic shifts, NDB Bank reaffirms its role...

LAUGFS Holdings Appoints Dr. Ravi Edirisinghe as Group Managing Director and CEO

LAUGFS Holdings Limited, one of Sri Lanka’s leading diversified conglomerates, has appointed Dr. Ravi...

HP Offers Exclusive Three-Year Warranty for Laptops Bought Through Authorised Sellers

HP has announced the introduction of an exclusive three-year warranty for a select range...