US Sues Apple, Alleges an Illegal Monopoly (Newser Breaking News)

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March 21, 2024 Sponsored by Wise Bread   Happening Now US Sues Apple, Alleges an Illegal Monopoly The Justice Department on Thursday announced a sweeping antitrust lawsuit against Apple, accusing the tech giant of engineering an illegal monopoly in smartphones that boxes out competitors and stifles innovation, per the AP. The lawsuit, filed in federal court in New Jersey, alleges that Apple has monopoly power in the smartphone market and uses its control over the iPhone to "engage in a broad, sustained, and illegal course of conduct." Keep reading   From our sponsor Earn $200 After Spending $500 Earn a $200 bonus with these high earning rewards cards — that's like 40% cash rewards on your first $500 in spend. Plus, enjoy unlimited rewards. Start racking up huge cash rewards. Learn More   Today's 6 Most-Read Stories   Manage your subscriptions  |  Unsubscribe from Newser emails  |  Privacy Policy We'd love to hear from you. Send us a note at feedback@newser.com. Read our stories on MSN. Newser, LLC  |  1395 Brickell Avenue  |  Suite 800  |  Miami, Florida  |  33131 © 2024 Newser, LLC. All rights reserved