The U.S. has filed a lawsuit against Apple with the aim of increasing competition for the iPhone and giving a leg up to smaller companies whose apps work with the ubiquitous device.
In the lawsuit against the $2.7 trillion company, the U.S. argues the iPhone maker hurt smaller rivals and drove up prices, and the Justice Department is asking the court “to restore competitive conditions in the markets affected by Apple’s unlawful conduct.”
Apple said the lawsuit threatens the company and the principles that set its products apart in a competitive market.
In Europe, consumers have already benefited after a slew of rules and regulations compelled Apple to make a number of user-friendly changes to its popular smartphone, suggesting similar changes could occur in the U.S. if the Justice Department lawsuit is successful.
Below are several areas where EU competition…
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