Does iPhone monopolize the mobile phone market? Law firms are vying for representation, is the truth out?

WBOY
Release: 2024-08-11 16:04:02
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[ITBEAR] News on August 11. Recently, according to media reports, two well-known American law firms are competing to become the legal representatives to represent consumers in a collective lawsuit against Apple. The core allegation of this lawsuit is that Apple has alleged monopolistic behavior in the U.S. smartphone market, for which it may face billions of dollars in compensation. According to ITBEAR, the U.S. Department of Justice and the attorneys general of multiple states have jointly filed an antitrust lawsuit against Apple, accusing it of using dual control over hardware and software to monopolize the market, thereby harming consumers, application developers, and Competitors' interests. The series of accusations attracted widespread attention. Immediately afterwards, a number of class action lawsuits against Apple initiated by consumers appeared in California, New Jersey and other places, further intensifying the legal pressure faced by Apple.

Does iPhone monopolize the mobile phone market? Law firms are vying for representation, is the truth out?

In addition, in June this year, the EU’s antitrust regulator also announced the results of its investigation into Apple, pointing out that its App Store rules violated the Digital Markets Act, and initially determined that its behavior constituted a monopoly. This determination is mainly based on the following rules:
  1. App Store rules limit the ability of application developers to guide consumers to choose other products,
  2. App Store rules restrict free communication and contract signing between developers and users.

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source:itbear.com
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