Friday Update – The New York Times

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The U.S. accused Apple of having a monopoly

The Justice Department has filed a lawsuit against tech giant Apple, alleging that the company has violated antitrust laws by engaging in practices that restrict competition and keep customers tied to iPhones. The lawsuit specifically accuses Apple of blocking other companies from offering competing applications, making it easier for iPhones to connect with Apple products over competitors, and hindering messaging across different smartphone operating systems.

Apple, valued at nearly $2.75 trillion, defended its practices by stating that they have made iPhones more secure than other smartphones. However, app developers and rival device makers argue that Apple has used its power to stifle competition in the market.

If the ruling is in favor of the Justice Department, they have the authority to request structural changes to Apple’s business, including a potential breakup. The implications of this lawsuit on consumers remain uncertain, as the legal battle is expected to be drawn out over several years.

This accusation of monopoly comes as part of a larger trend of federal antitrust challenges against major tech companies. Apple has successfully navigated similar accusations in the past, but the outcome of this lawsuit could have significant implications for the company’s future operations.

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