Apple sued by Biden administration over alleged iPhone 'monopoly power'

The Department of Justice launched a major lawsuit against the technology giant Apple on Thursday, accusing it of harming consumers by limiting competition.

The U.S. Department of Justice filed a landmark lawsuit against Apple on Thursday, accusing it of monopolizing the smartphone market.

The civil suit, joined by 16 state and district attorneys general, charges Apple with restricting its smartphone operating system in a way that drives up costs for consumers and prevents developers from successfully releasing products on other smartphone systems.

“Consumers should not have to pay higher prices because companies violate the antitrust laws,” Attorney General Merrick Garland said in a news release.

Among the suit's allegations:

"If left unchallenged, Apple will only continue to strengthen its smartphone monopoly," Garland added. "The Justice Department will vigorously enforce antitrust laws that protect consumers from higher prices and fewer choices. That is the Justice Department’s legal obligation and what the American people expect and deserve.”

https://www.nbcnews.com/business/business-news/apple-sued-doj-antitrust-monopoly-biden-rcna144424

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