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CryptoIntelligence 2024-03-23 20:21:27

DOJ Targets Apple with Antitrust Lawsuit Over App Store Monopoly, Alleging Anti-Competitive Practices and Innovation Suppression

DOJ Targets Apple with Antitrust Lawsuit Over App Store Monopoly, Alleging Anti-Competitive Practices and Innovation Suppression

The United States Department of Justice (DOJ) has filed a significant antitrust lawsuit against Apple, accusing the technology behemoth of employing its app market regulations to illegally suppress competition and stifle innovation. Filed on March 21 in a New Jersey federal court, and supported by 16 state attorney generals, the lawsuit claims that Apple maintains a monopolistic position in the smartphone market. This, the DOJ contends, allows Apple to coerce developers into exclusively using its payment system, thereby locking in developers and users to its platform. Central to the DOJ’s accusations are Apple’s App Store guidelines and developer agreements, which

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