US accuses Apple of exploiting smartphone market
Washington | San Francisco | The US is suing Apple for allegedly using its power in the smartphone sector to quash competition from rivals and limit consumer choice, in the latest broadside against the dominant big tech companies from President Joe Biden’s administration.
The move comes as Apple faces pressure from regulators, courts and rivals around the world over the way it runs the iPhone, putting its $US85 billion ($129 billion) a year services revenue at risk. Apple shares were down 4 per cent.
Financial Times
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