Justice Department Files Antitrust Lawsuit Against Apple

a little nuance is in order.

from the same link,

The long-anticipated lawsuit, which was filed in the US District Court for the District of New Jersey, comes after years of allegations by critics that

Apple has harmed competition with restrictive app store terms, high fees and its “walled-garden” approach to its hardware and software: Apple famously makes its tech easy to use, but
it achieves that by tightly controlling – and in some cases, restricting – how third-party companies can interact with the tech behemoth’s products and services.​

 

Don't Expect A Resolution Any Time Soon

Apple’s fiery response makes it clear that the company has every intention of defending itself. We’re on day one of a lawsuit that’s sure to drag on long into the future.
It took over three years for the government and Microsoft to reach a settlement in that high-profile antitrust case (and another four years for dissatisfied state attorneys general
to run through the appeals courts). The stakes here are just as critical.

In the meantime, Apple will make major changes to the App Store framework in the EU and reduce messaging friction by supporting RCS. But to the DOJ, the damage has already been done — and those steps
don’t absolve Apple of unfairly suppressing competition, being a thorn in the side of developers, and (supposedly) wielding its monopoly power to “extract more money” from anyone and everyone using an iPhone.
​

 

This is going to be Epic.

 

i m willing bet you, for 1 share of aapl stock, that it will not

AAPL's stock price was ~~ 192 at year-end 2023; it is now trading at ~~ 172.
i m betting that it will be above 192 by year-end 2024​

 

Apple goes all in on DTJ’s reelection.

 

This is really about avoiding paying 30% for being on the App Store
There are actual benefits for having a ‘closed’ ecosystem
@basso