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Market Chatter: Apple Facing Lawsuit for Alleged Violation of US Antitrust Laws
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Market Chatter: Apple Facing Lawsuit for Alleged Violation of US Antitrust Laws
Mar 21, 2024 3:21 AM

06:08 AM EDT, 03/21/2024 (MT Newswires) -- Apple ( AAPL ) is facing a lawsuit over its alleged violation of US antitrust laws in restricting its rivals' access to the iPhone's hardware and software features, Bloomberg News reported late Wednesday, citing people familiar with the matter.

Sources told Bloomberg that the US Justice Department could file the lawsuit in federal court as soon as Thursday as the government continues to crack down on antitrust battles against tech giants.

Apple ( AAPL ) and the Justice Department did not immediately respond to MT Newswires' requests for comments.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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