The Knockout Punch - U.S. Justice Department Takes On Apple in Civil Antitrust Lawsuit
The inevitable has happened. Apple has finally come under serious scrutiny from the United States Department of Justice (DOJ) after the latter has sued the company for illegal monopoly over the smartphone market. The lawsuit is filed by the Justice Department alongside 16 other state and district attorney generals. The lawsuit alleges Apple has violated Section 2 of the Sherman Act by monopolizing or attempting to monopolize the smartphone market. The complaint, filed in the U.S. District Court for the District of New Jersey, accuses Apple of maintaining a monopoly over smartphones through contractual restrictions on developers and withholding critical access points. Apple's actions hinder the development of apps, products, and services that could reduce reliance on iPhone, promote interoperability, and lower costs. The company leverages its monopoly power to extract more money from consumers, developers, and various other entities. The Justice Departm