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Benzinga
  • 2 years ago
The U.S. Supreme Court declined to hear Epic Games' appeal of a lower court ruling in its antitrust case against Apple. This means the Supreme Court will not review the lower courts' findings that Apple's App Store policies do not violate federal antitrust laws. Epic had sued Apple over requiring all apps be distributed through the App Store and use its payment system, which charges up to 30%. While Epic lost its main antitrust claims, the lower court did issue an injunction against Apple's payment rule, now on hold during appeal.
Transcript
00:00 It's Benzinga and here's what's on the block.
00:02 The US Supreme Court declined to hear Epic Games' appeal of a lower court ruling in
00:06 its antitrust case against Apple.
00:09 This means the Supreme Court will not review the lower court's findings that Apple's
00:13 App Store's policies do not violate federal antitrust laws.
00:16 Epic had sued Apple over requiring all apps to be distributed through the App Store and
00:21 use its payment system, which charges up to 30%.
00:24 While Epic lost its main antitrust claims, the lower court did issue an injunction against
00:28 Apple's payment rule, now on hold during appeal.
00:31 For all things money, visit Benzinga.com.
00:33 [BLANK_AUDIO]
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