US Assistant Attorney General Jonathan Kanter speaks during a press conference announcing an antitrust lawsuit against Apple, at the Justice Department in Washington, DC, on March 21, 2024. – Apple on Thursday warned that the lawsuit over alleged monopolistic practices by the iPhone maker could set a dangerous precedent on government intervention.
According to the lawsuit, these rules and decisions have been designed to force Apple users into staying in the Apple ecosystem and buying the company’s more expensive hardware, the iPhone. The lawsuit for example accused Apple of squashing the creation of Super Apps, one-stop web portals that could exist on an iPhone and give consumers other ways to get services, such as music, photo or movies.
The broad case also mentions smartwatches, with the Apple Watch only being available through the iPhone, and competing smartwatches having very limited functionality on the iPhone. The DOJ pointed out that Apple’s profits exceed any other company in the Fortune 500 and that it exceeds the gross domestic product of more than 100 countries.Before flagging, please keep in mind that Disqus does not moderate communities. Your username will be shown to the moderator, so you should only flag this comment for one of the reasons listed above.
The National Bureau of Statistics , says the average retail price of a litre of kerosene increased from N1,329 recorded in January 2024 to N1,340 in February 2024.
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