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Apple’s iPhone antitrust lawsuit could happen as early as March

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Apple is bracing for an impending antitrust lawsuit, with the U.S. Department of Justice preparing to allege that the tech giant employs anti-competitive practices to safeguard the dominance of its iPhone.

According to sources familiar with the matter, the DOJ aims to file the lawsuit in the first quarter, potentially as early as March 31, marking an accelerated timeline compared to previous expectations.

Apple’s iPhone dominance in the sights of impending antitrust storm

However, the timing could still change, pending final approval by the DOJ’s senior officials, as per anonymous insiders cited by Bloomberg.

The DOJ has reportedly engaged in three rounds of discussions with Apple’s legal representatives to explore the legal framework for the case.

This lawsuit follows a three-year investigation by the DOJ, which sought to determine whether Apple exploited its suite of hardware and software products to maintain a stranglehold on the smartphone market.

Business practices

The investigation has focused on specific aspects of Apple’s business practices, including examining whether the Apple Watch exhibits superior performance when paired with iPhones compared to rival smartphones.

Additionally, the probe is exploring whether Apple’s practices improperly stifle competition in relation to its iMessage text service.

The DOJ’s allegations against Apple may echo recent scrutiny faced by Beeper Mini, which accused Apple of violating antitrust laws when it discontinued an application enabling Android devices to communicate with iPhone users via iMessage.

While the legal proceedings progress, representatives from the DOJ and Apple have not issued official comments on the matter at this time.

Should the DOJ file the lawsuit by the end of March 2024, it would mark an earlier timeline than previously anticipated.

Ahron Young is an award winning journalist who has covered major news events around the world. Ahron is the Managing Editor and Founder of TICKER NEWS.

Tech

Apple set to unveil budget iPhone 17e, new iPads and low-cost MacBook

Apple’s Tim Cook announces major product reveals this week, highlighting budget iPhone 17e, new iPads, and low-cost MacBook.

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Apple’s Tim Cook announces major product reveals this week, highlighting budget iPhone 17e, new iPads, and low-cost MacBook.


Apple Inc. CEO Tim Cook has confirmed a major week of product announcements kicking off Monday morning, building momentum toward a global “Apple Experience” event across New York, London and Shanghai. The tech giant is expected to spread its reveals across three days, fuelling speculation about its biggest refresh cycle yet.

Leading the buzz is the rumoured budget-friendly iPhone 17e, signalling Apple’s push to capture more price-conscious consumers without sacrificing performance. Two new iPads powered by advanced chips are also tipped to headline the lineup, pointing to stronger AI capabilities and faster processing speeds.

Rounding out the expected reveals is a low-cost 12.9-inch MacBook that’s already generating serious interest, alongside updated MacBook Pro models and a refreshed Mac Studio. It’s shaping up to be one of Apple’s most significant multi-product launches in recent years.

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Nvidia posts record revenue as AI fears shake investors

Nvidia’s £68.1 billion revenue, up 73%, raises investor concerns about AI’s impact and tech customers’ financial health.

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Nvidia’s £68.1 billion revenue, up 73%, raises investor concerns about AI’s impact and tech customers’ financial health.

Nvidia posted strong quarterly earnings, but Wall Street remained unimpressed, causing shares to fall 5%. Analysts point to investor concerns over AI dominance and a stalled $100 billion deal with OpenAI.

Experts discuss what factors in the earnings report failed to meet market expectations, including revenue projections and details around the Vera Rubin chip architecture. Competition from alternative chipmakers and scrutiny of hyperscaler cash flows are also shaping investor sentiment.

Despite recent setbacks, analysts remain cautiously bullish on Nvidia, highlighting long-term AI potential and the company’s dominant position in the chip market.

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Meta launches lawsuits over alleged scam advertising operations

Meta targets scam advertising networks in Brazil, China, and Vietnam, intensifying its crackdown on scams across its platforms.

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Meta targets scam advertising networks in Brazil, China, and Vietnam, intensifying its crackdown on scams across its platforms.

Social media giant Meta has launched aggressive legal action targeting alleged scam operations using its platforms. The company has filed lawsuits against four advertising networks based in Brazil, China and Vietnam.

Meta has also issued cease and desist letters to eight marketing consultants accused of helping clients bypass the platform’s enforcement systems. The move signals a tougher stance on organised scam activity operating at scale.

While no criminal charges have been laid, Meta says it is doubling down on efforts to protect users and restore trust across its platforms as scam activity continues to rise globally.

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