The suit alleges that the company has a monopoly in the premium smartphone market and uses a variety of illegal tactics to perpetuate that monopoly.
Apple’s monopoly position is not nearly as clear-cut.
Microsoft Windows had well over 90% market share in the relevant market of operating systems for personal computers.
This argument is important because Apple’s market share is much lower globally (only 23%, with number-two Samsung at 16%).
There’s also a host of circumstantial proof, such as Apple’s massive and durable profit margins on iPhone sales.
The United States Department of Justice this morning filed a lawsuit accusing Apple of monopolistic smartphone practices.
Apple swiftly countered by arguing that — if successful — such a suit would inhibit its ability to compete in the crowded smartphone market.
This lawsuit threatens who we are and the principles that set Apple products apart in fiercely competitive markets.
We believe this lawsuit is wrong on the facts and the law, and we will vigorously defend against it.
At the same time, Apple has also been embroiled in lawsuits from Epic Games, challenging its App Store revenue practices.
Cruise lost the permits it needed to operate commercially in the state of California and has since grounded its fleet elsewhere.
Problems with Cruise began almost immediately after the company received the last remaining permit required to operate its robotaxi service commercially throughout San Francisco.
On that day, a pedestrian crossing a street in San Francisco was initially hit by a human-driven car and landed in the path of a Cruise robotaxi and run over.
Even after obtaining the Full Video, Cruise did not correct the public narrative but continued instead to share incomplete facts and video about the Accident with the media and the public.
This conduct has caused both regulators and the media to accuse Cruise of misleading them.”This story is developing …
Apple’s move to cut off Beeper, the app that brought iMessage to Android users, already caught the attention of U.S.
Of Commerce had earlier this year described Apple as a “gatekeeper” with a “monopoly position” in its mobile app ecosystem.
Earlier this month, Beeper debuted an app called Beeper Mini, which leveraged new technology to bring support for blue bubble iMessage chats to Android users.
Though the company was able to get a fix rolled out, Apple once again targeted Beeper’s users, deliberately blocking messages for about 5% of users, the company said.
Lots more to come this week,” said Migicovsky, in a post on X about the letter, reported first by CBS Mornings in a segment about the Beeper app.
Adobe’s $20 billion mega-bid to buy rival Figma is now officially dead, after the companies said today that regulatory pushback in Europe had caused them to put an end to the acquisition plans.
First announced in September last year, the deal was always going to attract regulatory scrutiny due to the size of the transaction and the fact that it took one of Adobe’s major rivals out of the picture.
Irrespective of that outcome, the two companies were already facing significant headwinds in Europe.
As a result of all this, Adobe will now have to pay Figma a termination fee of $1 billion, which was contractually payable in the event of the transaction failing to attain regulatory clearance — or if it failed to close within 18 months of the acquisition’s announcement last September.
That 18-month stipulation hadn’t yet been reached, and no regulatory body had actually announced their final findings — but Adobe and Figma clearly saw no way through this, and with the DoJ also weighing up regulatory action, in the end it just made more sense to pull the plug on the deal entirely.
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