Apple Asks U.S. Supreme Court To Strike Down Epic Games Order
Portfolio Pulse from Benzinga Newsdesk
Apple Inc. has appealed to the U.S. Supreme Court to overturn a lower court's decision in favor of Epic Games, which had accused Apple of anti-competitive practices in its App Store.
September 28, 2023 | 1:26 pm
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NEUTRAL IMPACT
Apple's appeal to the Supreme Court could potentially impact its legal and regulatory standing, and may affect investor sentiment.
The appeal to the Supreme Court is a significant legal move by Apple. The outcome could potentially affect Apple's regulatory standing and its relationship with app developers. This could influence investor sentiment, but the direction of the impact is uncertain at this stage.
CONFIDENCE 85
IMPORTANCE 75
RELEVANCE 100