Apple accused of monopolizing smartphone markets in US antitrust lawsuit

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Apple accused of monopolizing smartphone markets in US antitrust lawsuit
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WASHINGTON (Reuters) -The U.S. Department of Justice and 15 states on Thursday sued Apple, alleging it used the powerful demand for its iPhone and other...

WASHINGTON -The U.S. Department of Justice and 15 states on Thursday sued Apple, alleging it used the powerful demand for its iPhone and other products to drive up prices for its services and hurt smaller rivals in the first major antitrust effort against the smartphone maker by the Biden administration.

The 88-page lawsuit, filed in U.S. federal court in Newark, New Jersey, said it was focused on “freeing smartphone markets from Apple’s anticompetitive and exclusionary conduct and restoring competition to lower smartphone prices for consumers, reducing fees for developers, and preserving innovation for the future.”

In Europe, Apple's App Store business model has been dismantled by a new law called the Digital Markets Act that went into effect earlier this month. Apple plans to let developers offer their own app stores - and, importantly, pay no commissions - but rivals such as Spotify and Epic argue Apple is still making it too hard to offer alternative app stores.

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