Current:Home > InvestIndexbit Exchange:What the DOJ lawsuit against Apple could mean for consumers -Wealth Axis Pro
Indexbit Exchange:What the DOJ lawsuit against Apple could mean for consumers
Ethermac Exchange View
Date:2025-04-09 12:25:49
The Indexbit ExchangeUS Justice Department and more than a dozen states filed an antitrust lawsuit against Apple on Thursday, accusing the company of monopolizing the smartphone market.
The lawsuit alleges Apple kept prices and fees high and restricted developers of apps, products and services used on the iPhone that could otherwise lower costs.
Apple issued a statement saying the lawsuit threatens the company's ability to provide innovative technology and could set a "dangerous precedent." A spokesman for Apple said in the statement that the lawsuit was "wrong on the facts and the law" and that Apple would "vigorously defend against it."
More:Justice Department sues Apple for allegedly monopolizing the smartphone market
But what does all of this mean for consumers? Here's a look at Apple's response to new regulations abroad, what changed and similar recent lawsuits.
Apple made changes in EU
Apple recently made sweeping changes to its operating systems in the European Union, making them more open to comply with EU regulations and the Digital Markets Act.
In response to the DMA, Apple said its updates and changes would offer consumers more flexibility, alternative app marketplaces and give developers the opportunity to link out for users to complete purchases of digital goods or services.
The changes would also make room for alternative browser engines and contactless payments, meaning it would allow users to select a third-party contactless payment app — or an alternative app marketplace — as their default.
Apple introduced those changes with the iOS 17.4 update in the EU.
What it could mean for iPhone users
Here's what iPhone users could see if Apple loses the lawsuit or makes changes similar to those made in the EU:
- App Store flexibility may mean better user experience and service, with more developers submitting apps
- More options for using third-party smart watches
- More contactless payment options
- Expanded browser options
Similar scrutiny
Both Apple and Google have been scrutinized and faced lawsuits over how they treat developers.
Google lost an antitrust lawsuit brought by Epic Games, best known as the maker of Fortnite, over barriers to the Android app store. Apple also faced a similar suit in 2020 brought by Epic, in which a federal judge ruled Apple had to let developers use payment options outside of Apple’s app store.
More:Facebook owner, Microsoft, X and Match side with Epic Games in Apple lawsuit
Sumit Sharma, senior researcher for tech competition at Consumer Reports, released a statement praising the lawsuit.
"Apple has been an outlier in its willingness to make changes to products and services to the benefit of consumers and developers," Sharma said. "We’ve seen Apple limit access to hardware and software for competing services and products like smartwatches and contactless payments, and that’s harmed innovation and competition."
Sharma also wrote an Opinion column for USA TODAY in 2021 about Apple, Google and the need for fair rules.
veryGood! (757)
Related
- Jamie Foxx reps say actor was hit in face by a glass at birthday dinner, needed stitches
- Justin Jefferson injury update: Vikings WR 'hopefully' day-to-day following quad injury
- Jane’s Addiction concert ends after Perry Farrell punches guitarist Dave Navarro
- As mortgage rates hit 18-month low, what will the Fed meeting mean for housing?
- Average rate on 30
- Mike Lindell's company MyPillow sued by DHL over $800,000 in allegedly unpaid bills
- Tropical storm warning is issued for parts of the Carolinas
- Texas QB Quinn Ewers exits with injury. Arch Manning steps in against Texas-San Antonio
- Rolling Loud 2024: Lineup, how to stream the world's largest hip hop music festival
- Five reasons Dolphins' future looks grim if Tua Tagovailoa leaves picture after concussion
Ranking
- Buckingham Palace staff under investigation for 'bar brawl'
- Sister Wives' Robyn Brown Says Her and Kody Brown’s Marriage Is the “Worst” It’s Ever Been
- 2024 Emmys: Watch Ayo Edebiri Flawlessly Deliver Viral TikTok Sound
- 2024 Emmys: See Meryl Streep and Martin Short Continue to Fuel Dating Rumors
- All That You Wanted to Know About She’s All That
- 2024 Emmys: You Need to Learn Why Jean Smart Doesn't Want You Standing Next to a Blender
- Top legal adviser to New York City mayor quits as investigations swell
- Your cat's not broken if it can't catch mice. Its personality is just too nice to kill
Recommendation
Hackers hit Rhode Island benefits system in major cyberattack. Personal data could be released soon
DJT shares pop after Donald Trump says 'I am not selling' Trump Media stake
This city is hailed as a vaccination success. Can it be sustained?
NASCAR at Watkins Glen: Start time, TV, live stream, lineup for 2024 playoff race
Civic engagement nonprofits say democracy needs support in between big elections. Do funders agree?
2024 Emmys: Baby Reindeer's Nava Mau Details Need for Transgender Representation in Tearful Interview
2024 Emmys: Selena Gomez Brings Boyfriend Benny Blanco as Her Date
Apple Intelligence a big draw for iPhone 16 line. But is it enough?