Multiple class action lawsuits target Apple, piggybacking on DOJ antitrust action

Apple has been targeted by multiple new consumer class action lawsuits accusing the company of “monopolizing the smartphone market,” piggybacking on an antitrust case lodged by the U.S. Justice Department last week.
Mike Scarcella for Reuters:
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At least three proposed class actions have been filed since Friday in California and New Jersey federal courts by iPhone owners who claim Apple inflated the cost of its products through anticompetitive conduct.
The lawsuits, seeking to represent millions of consumers, mirror the Justice Department’s claims that Apple violated U.S. antitrust law…
Apple has denied the government’s allegations. The Cupertino, California-based company did not immediately respond to a request for comment on the consumer lawsuits.

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MacDailyNews Take: The average app price in the Apple App Store as of January 2024 is 79-cents.
How much did it cost developers to have their apps burned onto CDs, boxed, shipped, displayed on store shelves prior to Apple remaking the world for the better for umpteenth time? [How much did it cost consumers?] Apple incurs costs to store, review, organize, surface, and distribute apps to over one [2.2] billion users. — MacDailyNews, June 10, 2022
Apple’s iPhone currently holds U.S. market share of 60.77%. Not a monopoly. iPhone currently holds worldwide market share of 24.70%. Again, not a monopoly. “Attempted monopolization” is not illegal; it’s the goal of every for-profit business.
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