Apple has vehemently criticized the antitrust lawsuit brought against it by the Department of Justice, which claims that the tech giant holds a monopolistic power over the smartphone market.

The company asserts that the lawsuit's accusations are baseless, arguing that the competitive landscape in which it operates is filled with formidable competitors that challenge its market position.

Apple contends that the lawsuit fails to accurately define the smartphone market and overlooks the extensive competition it faces.

According to Apple, the allegations that it can set prices above the competitive level or control the market's output are unfounded.

The tech giant believes that the Department of Justice's claims do not hold up to scrutiny, as they do not provide substantial evidence of Apple's ability to dominate the smartphone market unfairly.

Apple insists that its market practices are in line with fostering a competitive environment, benefiting consumers by offering innovative products and services.

The company urges for the dismissal of the lawsuit, standing firm on its position that it does not engage in monopolistic practices within the smartphone industry.