Why monopolist Is Trending Today?

Explore key developments that caused monopolist to trend — updated as the story unfolds.

2 key events detected
August 27, 2025 at 5:32 AM
Elon Musk has filed lawsuits against Apple and OpenAI, accusing both companies of monopolistic practices. The lawsuits allege that Apple has abused its market power to stifle competition in the app ecosystem, while OpenAI is accused of misusing its dominant position in artificial intelligence to suppress innovation.
August 26, 2025 at 5:15 AM
Elon Musk's company, xAI, has filed a lawsuit against Apple and OpenAI, seeking billions in damages. The suit alleges that the two companies, in their partnership involving ChatGPT, are acting as monopolists and stifling competition in the AI space. Musk's lawsuit claims that Apple and OpenAI are working together to maintain their dominant positions, preventing other companies like xAI from fair competition.