2024-04-16 03:19:51 ET
Summary
- A DOJ antitrust lawsuit filed in March 2024 threatens Apple's alleged monopoly. This mirrors a court case from 2001 involving Microsoft and its own software monopoly.
- Apple Inc. has faced legal issues since the Supreme Court ruling on Apple v. Pepper in 2018.
- The case involves allegations that Apple has a monopoly on the App Store, leading to inflated prices for consumers.
- The outcome of the case could have significant implications for Apple's business model and the app industry as a whole.
Introduction
Apple Inc. ( AAPL ) has been steeped in legal issues since 2018 when the Supreme Court decided on Apple vs. Pepper . This case ended in a 5-4 decision against Apple, where the court held that Apple was liable for anti-competitive practices taken by 3rd party apps on its App Store platform.
Apple's legal troubles are still ongoing, with new allegations of anti-competitive practices done by them and apps on their platform. Last month, the US Department of Justice filed an antitrust motion against Apple. In this new case, United States vs. Apple , the courts are alleging anti-competitive practices related to the App Store again, as well as other features bundled in iPhones....
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Learning From History: Apple's Legal Troubles Mirror Microsoft's