Overview

• The US Department of Justice has filed a landmark antitrust lawsuit against Apple, accusing it of monopolizing the smartphone market through anticompetitive practices.
• Apple's alleged anticompetitive practices include restricting third-party app and hardware integration, degrading cross-platform messaging, and blocking super apps and mobile cloud services.
• The lawsuit could force Apple to make significant changes to its business model, potentially affecting iPhone prices, app store fees, and the overall user experience.
• Apple defends its practices as necessary for innovation, privacy, and security, arguing that the lawsuit could hinder its ability to create the technology people expect.
• The case is expected to be a protracted legal battle, drawing comparisons to the Microsoft antitrust case of the late 1990s, with potential implications for the tech industry at large.