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US accuses tech giant Apple of controlling the smartphone market in a lawsuit.

Apple was ordered to eliminate all restrictions by Competition Commissioner Margrethe Vestager, who claimed that the tech giant had exploited its dominating position in the market for ten years. Apple declared that it would file an appeal of the ruling.

Professor of corporate law at Case Western Reserve University in Ohio, Anat Alon-Beck, stated that the current action filed by the justice department was “far more extensive” than its earlier legal challenges in the European Union.She stated, “It’s not just about the 30% app store fee, but about the core unfair practices of Apple,” and that the DOJ’s move was “about time.””Apple often keeps competitors out of its ecosystem. Apple is harming a great deal of start-up companies, stakeholders, clients, and, in my opinion, its stockholders by acting in that way,” she stated.

Apple has a market share of over 70% in the US smartphone industry and over 65% in the global smartphone market, according to the Justice Department.

US accuses tech giant Apple of controlling the smartphone market in a lawsuit.
The US accuses tech giant Apple of controlling the smartphone market in a lawsuit.

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