DOJ sues Apple accusing it of monopolizing the smartphone industry

DOJ sues Apple accusing it of monopolizing the smartphone industry،

The Justice Department, along with 16 state and district attorneys general, filed an antitrust suit against Apple, accusing the tech giant of monopolizing the smartphone industry. By imposing restrictions on iOS, Apple is accused of forcing consumers to pay higher prices. The suit lists several allegations against Apple, including one that Apple prevents the development of “super apps” that allow consumers to switch between mobile platforms more easily.

According to NBC News, the Justice Department adds that Apple has blocked the development of cloud streaming applications that would allow users to play high-quality video games without having to purchase additional hardware. The DOJ also states that Apple prevented the development of cross-platform messaging apps so that consumers would be forced to continue purchasing iPhones.

Attorney General Merrick Garland said at a press conference this morning: “Consumers should not have to pay higher prices because companies violate antitrust laws. If nothing is contested, Apple will only continue to strengthen its monopoly on smartphones. The Department of Justice will vigorously enforce antitrust laws. that protect consumers from higher prices and less choice. This is the Department of Justice's legal obligation and what the American people expect and deserve.

Apple is accused by the Justice Department of using iOS to monopolize the smartphone industry

Garland also said CNN“Apple is undermining apps, products and services that would otherwise make users less dependent on the iPhone. Apple is exercising its monopoly power to extract more money from consumers, developers, content creators, artists, publishers, to small businesses and merchants, among others. “.

Apple responded to the news today with the following statement: “At Apple, we innovate every day to make people love technology, designing products that work together seamlessly, protecting people's privacy and security and create a magical experience for our users,” he said. . “This lawsuit threatens who we are and the principles that distinguish Apple products in fiercely competitive markets. If successful, it would hinder our ability to create the kind of technology people expect from Apple, where hardware, software and services intersect. has also set a dangerous precedent, allowing the government to take a heavy hand in the design of popular technology. We believe this lawsuit is wrong on the facts and the law, and we will defend ourselves vigorously against this.

Apple shares plunged this morning on the news, falling $6.54 or 3.66% to $172.14.

This is a revolutionary story. Please check back later for updates.