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Consumer Law

Consumers Sue Apple, Accusing the iPhone Maker of Monopolizing the Smartphone Market

Apple has been hit with a flurry of new consumer lawsuits accusing the iPhone maker of monopolizing the smartphone market, piggybacking on a sweeping antitrust case lodged by the U.S. Justice Department and 15 states last week.

At least three proposed class actions have been filed since Friday in California and New Jersey federal courts by iPhone owners who claim Apple inflated the cost of its products through anticompetitive conduct.

The lawsuits, seeking to represent millions of consumers, mirror the Justice Department’s claims that Apple violated U.S. antitrust law by suppressing technology for messaging apps, digital wallets and other items that would have increased competition in the market for smartphones.

Read the source article at Yahoo Finance

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