Difficulties have increased for Apple, one of the biggest tech companies in the world. A controversy has arisen regarding the new app store policy of the company and the leading companies of the world have come forward in this controversy. Four major tech companies, including Microsoft and X, are opposing Apple’s new policy.
These big companies came before Apple
According to a report by the Wall Street Journal, several major tech companies have filed legal petitions against Apple. Companies that have taken legal action against Apple include Facebook parent company Meta, Microsoft, Elon Musk’s X, music streaming platform Spotify and Match Group. These companies have opposed Apple’s new app policy and questioned the iPhone vendor’s failure to comply with a court order to approve alternative payment methods.
Epic Games has already protested.
Earlier, Apple faced opposition from Epic Games over the new app policy. Epic Games, the company behind the Fortnite game, has also opposed Apple’s new app policy and has now joined the Wall Street giants in the fight. In fact, Apple plans to charge a commission on payments made outside of its App Store. Other tech companies are opposing Apple’s plan.
Apple lags behind Microsoft here.
Apple, one of the world’s largest companies by value, could suffer from this litigation. Apple has suffered a lot in the past few days. The company’s m-cap has now fallen below the prestigious $3 trillion club and Apple is no longer the world’s most valuable company. Until a few weeks ago, Apple was the world’s largest company by value, a position now overtaken by Microsoft.
The US government could also sue.
The US government may also file a lawsuit against Apple in a separate case. According to a Bloomberg report, the US government may drag Apple to court for violating antitrust laws. According to the report, this case may be registered on Thursday. The US government alleges that Apple is preventing competing companies from accessing its iPhone hardware and software features, in violation of antitrust laws.
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