The United States Department of Justice (DOJ), joined by 16 state attorney generals, filed an antitrust lawsuit against tech giant Apple, claiming its app store rules create a monopoly that hampers competition and stifles innovation. The lawsuit argues that practices such as forcing developers to use Apple’s payment system and restricting them through various rules result in higher fees, less security, degraded user experiences, and hinder the development of competitive alternatives, particularly affecting the functionality of crypto-based apps. It further contends that Apple’s management of its App Store and web apps, including a 30% transaction fee and the prohibition of alternative payment systems, is anticompetitive and exclusionary, affecting the broader smartphone market and industries like financial services.
DOJ and US States Take on Apple in Major Antitrust Suit Over App Store Monopoly
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