Apple Faces Antitrust Lawsuit: How It Crippled Competitors and Maintained Monopoly

📱Apple purposely made third-party smartwatches and apps inferior to its own, maintaining its monopoly.

💼Apple restricted the functionality and monetization of super apps, undermining their success on the iPhone.

💬Apple blocked third-party apps from using SMS, limiting their communication capabilities.

🔒Apple prevented third-party wallets from using Apple Pay, maintaining control over digital wallets.

💰Apple's practices generated significant revenue, with the iPhone constituting a major part of its sales.

What is the antitrust lawsuit against Apple about?

—The antitrust lawsuit against Apple alleges that the company intentionally made third-party smartwatches and apps inferior to its own, creating a monopoly.

What did Apple do to restrict the functionality of super apps?

—Apple restricted the functionality and monetization of super apps, including banning the use of icons and tiles for many programs within the app.

Why is messaging a problem area according to the lawsuit?

—The lawsuit highlights that Apple blocked third-party apps from using SMS, limiting their communication capabilities, while Apple's proprietary messaging app had more functionality.

How did Apple maintain control over digital wallets?

—Apple prevented third-party wallets from using Apple Pay, reserving contactless payment at stores for its own Apple Wallet.

How important is the iPhone to Apple's revenue?

—The iPhone constitutes a major part of Apple's revenue, bringing in over $380 billion, about 52% of its total revenue.

00:00The US Department of Justice has filed an antitrust lawsuit against Apple, alleging intentional monopolistic practices.

01:19Apple intentionally made third-party smartwatches and apps inferior, maintaining its monopoly.

03:00Apple restricted the functionality and monetization of super apps, undermining their success.

06:01Apple blocked third-party apps from using SMS, limiting their communication capabilities.

07:23Apple prevented third-party wallets from using Apple Pay, maintaining control over digital wallets.

08:52The antitrust lawsuit against Apple could result in changes to how the company does business.