DOJ antitrust lawsuit against Apple for monopolizing smartphone market to proceed
From Nasdaq: 2025-06-30 17:58:00
Apple must face a DOJ antitrust lawsuit for monopolizing the smartphone market by restricting third-party apps. iPhone sales generated $201 billion in 2024, highlighting high stakes. The case targets app-store restrictions and device interoperability, with potential years-long litigation ahead. DOJ argues Apple’s policies stifle competition, while Apple defends innovation and user security.
The judge’s decision to allow the lawsuit to proceed marks a significant setback for Apple. Allegations of restricting third-party apps threaten its control over the ecosystem. Forced platform changes could erode market dominance and profitability. Regulatory crackdown on Big Tech signals heightened scrutiny. Discovery and rulings may impact Apple’s stock price and investor confidence. Apple vows to defend its policies to protect security and user experience.
Read more at Nasdaq: Judge Allows DOJ’s Monopoly Claims Against Apple (AAPL) to Proceed