DOJ Sues Apple , for Monopolizing Smartphone Market.
The Justice Department and 16 state attorneys general filed suit against Apple on March 21 in New Jersey, 'The Hill' reports.
.
The complaint alleges that
the tech company constructed a
"dominant iPhone platform and ecosystem," .
And "rather than respond to competitive
threats by offering lower smartphone prices to
consumers or better monetization for developers,".
Apple enforced a "series of shapeshifting rules and restrictions" in the App Store.
It has deployed this playbook across
many technologies, products, and
services, including super apps, text
messaging, smartwatches, and digital
wallets, among many others, Via complaint.
Todayâs lawsuit seeks to hold Apple
accountable and ensure it cannot
deploy the same, unlawful
playbook in other vital markets, Via complaint.
In its defense, Apple claimed that
the lawsuit "threatens who we are and
the principles that set Apple products
apart in fiercely competitive markets.".
If successful, [this lawsuit] would
hinder our ability to create the
kind of technology people expect
from Appleâwhere hardware,
software, and services intersect, Apple, via statement.
It would also set a dangerous
precedent, empowering
government to take a heavy hand
in designing peopleâs technology.
, Apple, via statement.
We believe this lawsuit is wrong
on the facts and the law, and we
will vigorously defend against it, Apple, via statement
Joel Edgerton and Jennifer Connelly, stars of the Apple TV+ series 'Dark Matter,' along with creator and showrunner Blake Crouch, stop by THR's Emmys Lounge to dive into the questions posed by the story, including what is happiness and the road not taken. Edgerton, who also serves as an executive producer on the show, breaks down playing different versions of one man and what those lives looks like.
Credit: The Hollywood Reporter Duration: 02:54Published
President Trump warned of imposing 50% tariffs on European Union products, citing stalled trade negotiations. Speaking from the Oval Office, Trump hinted the new tariffs could extend to tech giants like Apple and Samsung, with a possible rollout in late June. While expressing hope for a fair agreement, Trumpâs aggressive stance signals escalating tension between the U.S. and EU. Markets and global tech firms are closely watching, as Trumpâs trade war rhetoric sharpens once againâthis time aimed squarely at Europe.
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President Donald Trump has issued a broad warning to tech companies that manufacture smartphones abroad, declaring that a 25% tariff will apply not just to Apple but to any firm â including Samsung â that doesnât shift production to the United States. Speaking to reporters, Trump emphasized fairness and announced that the new tariffs are expected to be finalized by the end of June. The move signals a dramatic escalation in his economic nationalism and could have major repercussions on global smartphone pricing and tech supply chains.
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During a press conference in the Oval Office, President Trump was interrupted twice by phone calls from Congress members, which he promptly sent to voicemail. Trump announced plans to impose 50% tariffs on European Union products, citing stalled trade talks. He hinted the tariffs could target major tech companies like Apple and Samsung, potentially starting in late June. While Trump expressed hope for a fair deal, his aggressive rhetoric signals mounting U.S.-EU trade tensions, drawing close attention from markets and global tech firms.
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President Donald Trump has threatened Apple with a 25% tariff if it continues manufacturing iPhones outside the US. In a post on Truth Social, Trump warned CEO Tim Cook that iPhones sold in America must be built domesticallyânot in India or elsewhere. The warning follows Cookâs recent statement that most iPhones in the US will soon originate from India. Although finished smartphones currently enjoy tariff exemptions, Trumpâs aggressive trade policies may disrupt Appleâs global supply chains and cost the company nearly $900 million this quarter alone.
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Welcome to Fan Reviews News. The Justice Department has filed a lawsuit against Apple, claiming that the tech giant holds a monopoly over the phone market, specifically with its iPhone. The lawsuit..