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Australian court finds Apple, Google abused app store market power

1. Federal Court of Australia found Apple and Google anti-competitive. 2. Epic Games may re-enter Apple's App Store in Australia soon. 3. Apple maintains its app store is the safest option for users. 4. Epic's previous U.S. win returned Fortnite to Apple's App Store. 5. Apple disagrees with certain court findings regarding its billing practices.

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FAQ

Why Neutral?

The ruling reflects ongoing litigation but doesn't change Apple's operations significantly. Historical instances like the Fortnite case show temporary gains followed by stabilization.

How important is it?

The ruling has potential implications for Apple's app store policies, but it was not a conclusive victory for Epic. A very gradual impact on revenues could persist if similar rulings spread, but currently, it stands to impact sentiment more than significant financial outcomes.

Why Short Term?

Immediate implications could arise, influencing market perception, but long-term operational changes are limited.

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