Summary:
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DOJ Lawsuit: The DOJ, along with 15 states and the District of Columbia, filed a lawsuit against Apple, alleging that it has “willfully monopolized” the smartphone market through “exclusionary” and “anticompetitive” practices.
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Apple’s Business Model: Apple’s integration approach, controlling app creation, distribution, and functioning within its iPhone OS, is argued to be essential for ensuring privacy, security, and seamless user experience.
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Impact on Innovation: Sen. Rand Paul contends that the DOJ’s actions threaten innovation and competition, ultimately harming consumers rather than addressing any real market harm.