There are no do-overs once a party willfully disregards a court order.Time is of the essence.”Source: Hector LopezThe ruling stated that Apple must not impose “any commission or any fee on purchases that consumers make outside an app.” It added, “no reason exists to audit, monitor, track or require developers to report purchases or any other activity that consumers make outside an app.”It was ruled that Apple can't control how developers design or place links that lead users to buy items outside the app.
Crypto app developers are now free to direct users to payments outside of Apple’s ecosystem without restrictions or hefty fees, after a United States district judge ruled that Apple violated an injunction in its antitrust legal battle against Epic Games.“The Court finds Apple in willful violation of this Court’s 2021 Injunction, which was issued to restrain and prohibit Apple’s anticompetitive conduct and anticompetitive pricing.
Crypto commentator “Xero” told their 50,000 X followers on May 2, “This is hugely bullish for mobile crypto games and apps.” Meanwhile, Alex Masmej said, “This is absolutely huge for crypto.”The same day, Epic Games CEO Tim Sweeney said Epic would be relaunching Fortnite to the US Apple App Store.“Epic puts forth a peace proposal: If Apple extends the court’s friction-free, Apple-tax-free framework worldwide, we’ll return Fortnite to the App Store worldwide and drop current and future litigation on the topic,” Sweeney said.
or
Share This Story
Article Details
Author / Journalist: Cointelegraph by Ciaran Lyons
The story "Apple softens crypto app rules, 'hugely bullish' for crypto industry" has 476 words across 15 sentences, which will take approximately 2 - 4 minutes for the average person to read.
Which news outlet covered this story?
The story "Apple softens crypto app rules, 'hugely bullish' for crypto industry" was covered 20 hours ago by Coin Telegraph, a news publisher based in United States.
How trustworthy is 'Coin Telegraph' news outlet?
Coin Telegraph is a fully independent (privately-owned) news outlet established in 2013 that covers mostly crypto news.
The outlet is headquartered in United States and publishes an average of 11 news stories per day.
It's most recent story was published 8 hours ago.
What do people currently think of this news story?
The sentiment for this story is currently Negative, indicating that people regard this as "bad news".
How do I report this news for inaccuracy?
You can report an inaccurate news publication to us via our contact page. Please also include the news #ID number and the URL to this story.
