Biden Administration Joins Antitrust Efforts Against Apple and Big Grocers
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Apple is facing consumer lawsuits in California and New Jersey, accusing the company of monopolistic practices that inflate the price of its products. These lawsuits echo the U.S. Justice Department's antitrust case against Apple and allege that the company has breached U.S. antitrust laws by stifling technological advancements. The lawsuits aim to represent millions of consumers and could lead to significant settlements. Apple is already contending with private lawsuits accusing it of anti-competitive practices. The outcomes of these consumer lawsuits and the government's case could have a dramatic impact on Apple's dominance in the smartphone market and may result in changes to the App Store and other services.
The U.S. Department of Justice has filed a lawsuit against Apple, accusing t...
#newstr #Apple #Antitrust #BidenAdministration #BigGrocers #MonopolyPower #LinaKhan #JonathanKanter #FederalTradeCommission