'Apple Can Keep App Store Rules For Now As Top Court Spurns Epic' - Bloomberg Law
Portfolio Pulse from Happy Mohamed
The US Supreme Court has allowed Apple Inc. to maintain its App Store payment rules, rejecting a request from Epic Games Inc. that would have allowed developers to direct iPhone users to cheaper alternatives online. The decision prevents an earlier federal appeals court ruling from taking immediate effect, which had found Apple in violation of California's Unfair Competition Law.
August 09, 2023 | 4:23 pm
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The Supreme Court's decision allows Apple to maintain its App Store payment rules, which could have been disrupted by Epic Games' request. This maintains Apple's control over its App Store ecosystem and could have a positive impact on its revenues.
The Supreme Court's decision directly impacts Apple's control over its App Store payment rules. If Epic Games' request had been granted, it could have led to a potential loss of revenue for Apple as developers could direct users to cheaper alternatives. This decision maintains the status quo, which is beneficial for Apple's business model and its revenues.
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