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DOJ sues Apple over iPhone monopoly in landmark antitrust case - TL;DR CNBC

DOJ sues Apple over iPhone monopoly in landmark antitrust case

Publishing timestamp: 2024-03-21 13:51:41


Summary

The Justice Department has sued Apple in an antitrust case, claiming that the iPhone maker has a monopoly over the phone market that harms consumers, developers, and rival companies. The lawsuit challenges Apple's walled-garden model and could potentially lead to the breakup of the company. Apple has disagreed with the lawsuit, stating that it threatens their ability to create innovative technology.


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Keywords: united states,  social issues,  mobile,  entertainment,  business,  iphone,  apple inc,  government and politics,  spotify technology sa,  breaking news: business,  advertising,  business news,  products and services,  microsoft corp,  media,  technology,  tim cook,  breaking news: technology, 

Source: https://www.cnbc.com/2024/03/21/doj-sues-apple-over-iphone-monopoly.html


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