apple antitrust

The CEO of Fortnite-maker Epic Games said Tuesday the company's court battle to open up Apple's iPhone to alternative app stores was lost after theteThe high court announced it would not hear appeals by either Apple or Epic in the long-running case, effectively putting an end to the legal saga.Epic in 2020 launched a case aiming to break Apple's grip on the App Store, accusing the iPhone maker of operating a monopoly in its shop for digital services. Apple takes a cut of as much as 30 percent on all financial…

A U.S. appeals court on Monday upheld a federal court's order that could force Apple Inc to change payment practices in its App Store. Apple said it may appeal the decision. The U.S. 9th Circuit Court of Appeal upheld a 2021 order in an antitrust case brought by "Fortnite" creator Epic Games that could require Apple to allow developers to provide links and buttons for third-party in-app payment options and avoid paying sales commissions to the iPhone maker.Apple shares ended the day up slightly at $165.33. The appeals…

The US Justice Department is reportedly in the initial stages of drafting an antitrust complaint against Apple. The Justice Department has not decided whether to sue the American tech giant. The suit is expected to be filed by the end of this year. A broad investigation of major digital technology firms into whether they engage in anticompetitive practices was opened by the Justice Department in 2019 and Google was subsequently sued in October 2020.According to a recent report by Politico, the US Justice Department is in…