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Apple declares 'resounding victory' after decision reached in Epic Games appeal - TL;DR CNBC

Apple declares 'resounding victory' after decision reached in Epic Games appeal

Publishing timestamp: 2023-04-24 16:12:43


Summary

An appeals court has mostly sided with Apple in its legal battle with Epic Games over App Store rules and fees. The court affirmed that Apple did not violate antitrust law by banning competing app marketplaces on iPhones, but did require Apple to allow developers to place links inside their apps so users could make purchases outside the App Store. The decision suggests that Apple's control over the App Store and the fees it charges are unlikely to change significantly as a result of the ongoing legal challenge by Epic Games.


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Tickers: AAPL

Keywords: mobilebreaking news: technologybusinessiphonebusiness newsapple inctechnologytim cookappstore

Source: https://www.cnbc.com/2023/04/24/apple-declares-victory-after-decision-reached-in-epic-games-appeal-.html


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