President Joe Biden has called for the Justice Department and the Federal Trade Commission to vigorously enforce antitrust statutes.
FILE - iPhone 15 phones are shown during an announcement of new products on the Apple campus in Cupertino, Calif., Sept. 12, 2023. The Justice Department on Thursday announced a sweeping antitrust lawsuit against Apple, accusing the tech giant of engineering an illegal monopoly in smartphones that boxes out competitors and stifles innovation.
The increased policing of corporate mergers and business deals has been met with resistance from some business leaders who have said the Democratic administration is overreaching, but it's been lauded by others as long overdue. Apple has defended the walled garden as an indispensable feature prized by consumers who want the best protection available for their personal information. It has described the barrier as a way for the iPhone to distinguish itself from devices running on Google's Android software, which isn't as restrictive and is licensed to a wide range of manufacturers.
"Consumers should not have to pay higher prices because companies violate the antitrust laws," Attorney General Merrick Garland said in a statement. "We allege that 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. If left unchallenged, Apple will only continue to strengthen its smartphone monopoly.
Now that the Justice Department is mounting a direct attack across its business, Apple stands to lose even more.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Justice Department Files Antitrust Lawsuit Against Apple Over Smartphone MonopolyThe Justice Department accuses Apple of engineering an illegal monopoly in smartphones that stifles competition and innovation. The lawsuit alleges that Apple has monopoly power in the smartphone market and engages in illegal conduct. President Joe Biden supports aggressive enforcement of antitrust laws.
Read more »
Justice Department files antitrust lawsuit against Apple over its infamous 'walled garden'Mariella Moon has been a night editor for Engadget since 2013, covering everything from consumer technology and video games to strange little robots that could operate on the human body from the inside one day. She has a special affinity for space, its technologies and its mysteries, though, and has interviewed astronauts for Engadget.
Read more »
Utah Department of Corrections discriminated against transgender inmate, Justice Department rulesAfter 3 decades spent in the sunny (and humid) South Florida media world, Jeff has traveled to across the country to partake in the delights of The Beehive State.
Read more »
Justice Department warns Lexington to end ‘two-tiered system of justice’Lexington must end its 'two-tiered' system of justice, Justice Department official and U.S. attorney said.
Read more »
Justice Department, states accuse Apple of holding a smartphone monopolyThe Justice Department accused Apple of breaking federal antitrust law, plunging the tech giant into a high-stakes showdown over its alleged abuse of power.
Read more »
Apple has kept an illegal monopoly over smartphones in US, Justice Department says in antitrust suitThe Justice Department has announced a sweeping antitrust lawsuit against Apple, accusing the tech giant of engineering an illegal monopoly in smartphones that boxes out competitors and stifles innovation.
Read more »