US smartphone market: Apple fails to defend against US monopoly lawsuit

The authorities accuse Apple of exploiting its strong market position to extract additional revenue from consumers, software developers, content providers, or smaller companies. Technical hurdles, such as those associated with smartwatches, digital wallets, or messaging services, prevent users from switching to competing products, according to the lawsuit filed in March 2024.

Apple had argued that the restrictions were reasonable and protected its own technology. Forcing the restrictions to allow competitors to enter the market would stifle innovation.