By Narinder Walia (September 29, 2021, 4:52 PM EDT) – The Epic Games Inc. antitrust litigation against Apple Inc. has been remarkable in many ways. The case has progressed at a remarkable speed, with barely a year between the filing of the initial complaint in August 2020 and the decision of U.S. District Judge Yvonne Gonzalez Rogers this month.
While Apple won on nine of the 10 charges in court, the stock market’s verdict went against the iPhone maker. When Judge Gonzalez Rogers’ ruling was released on September 10, Apple lost about $ 85 billion – about 3.3% – in market capitalization. In other words, the market expected that the injunction against Apple’s anti-leadership provisions …
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