See, with the support of fifteen states, the U.S. Department of Justice filed a high-profile legal case against Apple Inc. The main problem with that, they say, is that Apple already has too much control over the smartphone world, and this is certainly not good news for those who want to see the big tech companies rein in.
It is not only an Apple problem but also giants like Google, Meta, and Amazon are under similar reasons. This is something added up both during the time of Trump and that of Biden. The question now is how do we fairly compete, not on the basis of losing a spot and staying on top, especially in the way they run things with their iPhone lineup? They argue that this is unhealthy for competition, stifling new ideas from emerging and just translating into more expensive items for us, with not many on offer.
But the big talking points are over how much the iPhones cost: some as pricey as $1,599, and the fees Apple charges app makers and credit card companies, which they say end up making us pay even more and their pocket gets even more filled. The lawsuit takes a good, hard look at Apple’s way of holding the reins pretty tightly on the gadgets it sells and, furthermore, the software that runs on them.
The government argues that such things make fair competition against other companies almost impossible, and at the same time, they obstruct what we can do with the apps and services used on Apple devices. They want to change that in hopes of turning the smartphone market into a more open and competitive place. Apple stocks have since been down 4.1% since the news broke out, and it indicates that investors are concerned about what this case could mean for Apple.
But Apple is not sitting pretty, it totally disagrees with whatever the suit says and says the claims against it go contrary to what the firm is for and could mess up its ability to come up with new things. The case also shows ways that Apple may be dampening competition in messaging applications, smartwatches, and digital wallets. The case even referenced things that Steve Jobs said in the past about keeping users and developers strongly connected to the Apple system. Not everybody agrees this is the way of the world, some aren’t convinced that Apple is the only game in town and allude to other alternatives out there. This case definitely gives an example of the larger question of how major tech corporations play and what might be changed to keep things fair for everyone.
Brandon is the cheif editor and writer at WorldUnfolds.com. With a passion for storytelling and a keen editorial eye, he crafts engaging content that captivates and enlightens readers worldwide.
