Apple accused of monopolizing smartphone markets by US and 15 states. Loses $115 billion market cap
The U.S. Department of Justice and 15 states on Thursday sued Apple (AAPL.O) , opens new tab as the government cracks down on Big Tech, alleging the iPhone maker monopolized the smartphone market, hurt smaller rivals and drove up prices. Apple joins competitors sued by regulators, including Alphabet’s (GOOGL.O) , opens new tab Google, Meta Read more about Apple accused of monopolizing smartphone markets by US and 15 states. Loses $115 billion market cap[…]