Apple is known to be negotiating an early settlement with the U.S. Department of Justice on an antimonopoly case

ON 18 JULY, INFORMED SOURCES REVEALED THAT APPLE (AAPL.O) AND THE UNITED STATES DEPARTMENT OF JUSTICE WERE NEGOTIATING A PRELIMINARY SETTLEMENT IN A 2024 SUIT ALLEGING THAT APPLE HAD VIOLATED THE ANTIMONOPOLY LAW. APPLE AND THE UNITED STATES DEPARTMENT OF JUSTICE HAVE NOT RESPONDED IMMEDIATELY TO THE REQUEST FOR EVALUATION. ACCORDING TO THE REPORT, THE PARTIES WERE ACTIVELY ENGAGED IN CONSULTATIONS, BUT THERE WAS NO GUARANTEE THAT AN AGREEMENT WOULD EVENTUALLY BE REACHED, AND IT WAS ADDED THAT APPLE HAD SUBMITTED VARIOUS OPTIONS TO THE UNITED STATES DEPARTMENT OF JUSTICE WITH A VIEW TO CONCLUDING THE CASE. IN 2024, THE UNITED STATES DEPARTMENT OF JUSTICE AND 15 STATES FILED LAWSUITS AGAINST APPLES FOR MONOPOLIZING THE SMARTPHONE MARKET, UNDERMINING THE INTERESTS OF SMALL COMPETITORS AND PUSHING UP PRICES, AS THE GOVERNMENT INTENSIFIED ITS EFFORTS TO CORRECT THE TECHNOLOGY GIANT. IT IS REPORTED THAT IT IS NOT YET POSSIBLE TO KNOW WHETHER THE STATE ATTORNEYS GENERAL ARE NEGOTIATING RECONCILIATION。