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The U.S. Department of Justice has filed an antitrust lawsuit against Apple, targeting the Silicon Valley giant for its stranglehold over the iPhone ecosystem.that the United States Department of Justice has escalated its antitrust battle against major tech giants by filing a lawsuit against Apple, the world’s second-most-valuable technology company.
The move reportedly comes as part of the Biden administration’s efforts to address the growing concern over the market dominance of the biggest US technology companies. The company may also face a full-blown investigation under the European Union’s new rules for Big Tech, known as the Digital Markets Act, which went into force earlier this month. Rivals have already complained about new App Store rules that came into effect in Europe, arguing that the changes are likely to result in higher prices for developers.
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Apple Shares Slip Ahead Of Reported DOJ Antitrust CaseI am a Breaking News Reporter at Forbes, with a focus on covering important tech policy and business news. Graduated from Columbia University with an MA in Business and Economics Journalism in 2019. Worked as a journalist in New Delhi, India from 2014 to 2018.
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