US initiates legal action against Apple in an antitrust lawsuit regarding the monopoly in the market.
Apple Faces Antitrust Lawsuit The Justice Department has recently filed a sweeping antitrust lawsuit against Apple, alleging that the tech giant has created an illegal monopoly in the smartphone market. According to the lawsuit, Apple’s practices have excluded competitors, hindered innovation, and artificially inflated prices. Deputy Attorney General Lisa Monaco asserts that Apple has locked … Read more