(Aus) Federal court rules Apple and Google engaged in anti-competitive conduct
12 days ago
- #Consumer Rights
- #Tech Giants
- #Antitrust
- Federal judge rules Apple and Google engaged in anti-competitive conduct in their app stores.
- The ruling allows class actions for millions of Australian consumers and developers to seek compensation for inflated prices.
- Judge found both companies misused market power, reducing competition but rejected claims of unconscionable conduct.
- Compensation amounts for 15 million consumers and 150,000 developers to be determined in a future hearing.
- Apple and Google charged 15-30% fees, restricting alternative payment systems and app stores.
- Epic Games' case highlighted Google's restrictive contracts and conditions impacting competition.
- US courts have also ruled against Google and Apple in similar antitrust cases.
- ACCC advocates for regulatory reforms to address anti-competitive practices by tech giants.