antitrust lawsuit

The US Department of Justice and 15 states on Thursday sued Apple as the government cracks down on Big Tech, alleging the iPhone maker monopolized the smartphone market, hurt smaller rivals and drove up prices.Apple joins competitors sued by regulators, including Alphabet's Google, Meta Platforms and Amazon.com across the administrations of both former President Donald Trump and President Joe Biden."Consumers should not have to pay higher prices because companies violate the antitrust laws," Attorney General Merrick…

Apple has reversed course under regulatory pressure and cleared the way for a nettlesome adversary, video game maker Epic Games, to set up an alternative store for iPhone apps in Europe.The about-face disclosed Friday is the latest twist in a bitter fight between Apple and Epic Games, the maker of the popular Fortnite video game, over the way iPhone apps are distributed and the fees for digital transactions that occur within them.Elevate Your Tech Prowess with High-Value Skill CoursesOffering CollegeCourseWebsiteIIM…

Apple representatives met with U.S. Justice Department officials last week in a bid to persuade the agency not to file an antitrust suit against the iPhone maker, Bloomberg reported on Tuesday, citing people familiar with the matter.Antitrust enforcers, probing the company since 2019, allege that Apple has imposed software and hardware limitations on its iPhones and iPads to impede rivals from effectively competing, Bloomberg said.Elevate Your Tech Prowess with High-Value Skill CoursesOffering CollegeCourseWebsiteIIT…

Fortnite maker Epic Games has prevailed in its high-profile antitrust trial over Alphabet's Google, which alleged the Play app store operated as an illegal monopoly, in a ruling that if it holds could upend the entire app store economy.Jurors found for Epic on all counts, a court filing showed, after more than a month of trial in Epic's lawsuit, which accused Google of taking action to quash competitors and charge unduly high fees of up to 30 percent to app developers. The court in January will begin work on what remedies…

A federal court jury has decided that Google's Android app store has been protected by anticompetitive barriers that have damaged smartphone consumers and software developers, dealing a blow to a major pillar of a technology empire.The unanimous verdict reached Monday came after just three hours of deliberation following a four-week trial revolving around a lucrative payment system within Google's Play Store. The store is the main place where hundreds of millions of people around the world download and install apps that…

A US appeals court on Thursday refused to revive a lawsuit filed by states against Meta's Facebook that alleged the company had broken antitrust law.Dozens of states led by New York asked the US Court of Appeals for the District of Columbia last year to reinstate the lawsuit, which US District Judge James Boasberg of the District of Columbia rejected, saying they had waited too long to file.Both the Federal Trade Commission and the states had asked the court in 2020 to order Facebook to sell Instagram, which it bought for…

Google will likely argue Thursday that the US Justice Department's allegations that it broke antitrust law to build and maintain its dominance of search are flawed and that its lawsuit should be thrown out, according to court filings.The government, which filed its lawsuit in the waning days of the Trump administration, will likely defend its complaint, which said that Alphabet's Google acts illegally in paying billions of dollars each year to smartphone makers like Apple, LG, Motorola, and Samsung, carriers like Verizon…

WASHINGTON: US Federal Trade Commission Chair Lina Khan, who promised tougher antitrust enforcement, said she would not rule out a settlement with Meta's Facebook, which the agency sued in 2020, but indicated there was a high bar for any agreement.Lina Khan also criticised what she said was a large number obviously illegal deals and added she was not a fan of agreements to remedy problematic mergers with asset sales. Nor does she like behavioral remedies, when companies pledge a particular policy change for a certain…