Apple announced plans to seek a stay and appeal an Australian federal court decision requiring it to open its iOS platform to rival app stores and alternative payment systems. The ruling also requires Apple to reinstate Fortnite in the Australian App Store. The court found that Apple had misused its market power in violation of Australian competition law. The appeal is expected to delay implementation of the order, while observers will monitor the legal implications for Apple’s Australian operations and the announcement’s effect on investor sentiment.
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