Apple Seeks Dismissal of DOJ's Monopoly Lawsuit
Apple has announced plans to request a U.S. judge dismiss the lawsuit filed by the Justice Department and 15 states, which accuses the company of monopolizing the smartphone market, impacting smaller rivals, and raising prices. Apple argues it faces strong competition and the claims lack merit.
- Country:
- United States
Apple said Tuesday it plans to ask a U.S. judge to dismiss a lawsuit filed by the Justice Department and 15 states in March that alleged the iPhone maker monopolized the smartphone market, hurt smaller rivals and drove up prices.
In a letter to U.S. District Judge Julien X. Neals, Apple said "far from being a monopolist, Apple faces fierce competition from well-established rivals, and the complaint fails to allege that Apple has the ability to charge supra-competitive prices or restrict output in the alleged smartphone markets."
Apple said the complaint should be dismissed on a number of grounds.
(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)
ALSO READ
Scheffler Takes Commanding Lead at Tour Championship Amidst Fierce Competition
Banks Grapple with Slowing Deposit Growth and Rising Competition
Thrilling Competition at Paris Paralympics Day 3
Rugby Rivals: New Zealand and South Africa Plan Major Changes
Jannik Sinner Shines as Rivals Fall in U.S. Open Drama