Apple May Have Just Quietly Ignited A ‘Massive’ Bitcoin, Ether, XRP, Solana, Cardano Bull Rally ⋆ ZyCrypto
The post Apple May Have Just Quietly Ignited A ‘Massive’ Bitcoin, Ether, XRP, Solana, Cardano Bull Rally ⋆ ZyCrypto appeared on BitcoinEthereumNews.com. Advertisement     A federal court has prohibited Apple from collecting fees, which were 27%, on links outside of its iOS apps and has ordered the tech giant to stop banning links to third-party websites. The prohibitions are part of Epic Games’ court case against Apple for restricting its app on the American market. Epic Games is a well-known company that produces the game Fortnite. The US District Judge further stated that the tech giant willfully ignored the court injunction of 2021. Apple used its dominant app market share to limit crypto apps from making money. The new prohibitions may enable crypto developers to engage in a fairer market. The court argued that Apple engaged in anticompetitive pricing practices, and despite being ordered to cease what they were doing in 2021, continued to defy the court’s order. The court concludes that Apple has continued interfering with competitive practices and further damaged other businesses, such as crypto startups. Apple was interfering with app developers’ ability to communicate with customers and was further charging fees for services that were on third-party websites. The court further stated that there was no going back on defying a court order and that Apple needed to cease what they were doing immediately. Crypto apps will benefit from the court ruling because they can experiment more freely with different business models without suffering draconian Apple fees. Due to these changes, a great crypto bull run may occur. Regardless of whether developers prefer Android to iOS, a large market share of Apple-supported apps exists. Apple actively impeded the growth of crypto apps, therefore bottling up a great amount of potential that may very well be released now. Such anticompetitive practices hampered NFT markets because they often include various monetary practices outside of an app. Things were so bad…
The post Apple May Have Just Quietly Ignited A ‘Massive’ Bitcoin, Ether, XRP, Solana, Cardano Bull Rally ⋆ ZyCrypto appeared on BitcoinEthereumNews.com.
Advertisement A federal court has prohibited Apple from collecting fees, which were 27%, on links outside of its iOS apps and has ordered the tech giant to stop banning links to third-party websites. The prohibitions are part of Epic Games’ court case against Apple for restricting its app on the American market. Epic Games is a well-known company that produces the game Fortnite. The US District Judge further stated that the tech giant willfully ignored the court injunction of 2021. Apple used its dominant app market share to limit crypto apps from making money. The new prohibitions may enable crypto developers to engage in a fairer market. The court argued that Apple engaged in anticompetitive pricing practices, and despite being ordered to cease what they were doing in 2021, continued to defy the court’s order. The court concludes that Apple has continued interfering with competitive practices and further damaged other businesses, such as crypto startups. Apple was interfering with app developers’ ability to communicate with customers and was further charging fees for services that were on third-party websites. The court further stated that there was no going back on defying a court order and that Apple needed to cease what they were doing immediately. Crypto apps will benefit from the court ruling because they can experiment more freely with different business models without suffering draconian Apple fees. Due to these changes, a great crypto bull run may occur. Regardless of whether developers prefer Android to iOS, a large market share of Apple-supported apps exists. Apple actively impeded the growth of crypto apps, therefore bottling up a great amount of potential that may very well be released now. Such anticompetitive practices hampered NFT markets because they often include various monetary practices outside of an app. Things were so bad…
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