DOJ Backs Apple's Bid to Narrow Contempt Standard in Epic Games Fight
AAPL sits 41% above its 52-week low of $243.42 on light trading volume (0.3× avg).
Summary
The Justice Department filed an amicus brief supporting Apple's Supreme Court appeal of a civil contempt ruling in the Epic Games antitrust case. The DOJ argues that contempt findings should require conduct clearly covered by an injunction's express terms, a standard that would benefit Apple. However, the government also said Apple's conduct related to at least one part of the lower judge's order supported a contempt finding. This development follows the Supreme Court's June decision to hear Apple's challenge to the April 2025 contempt ruling over its 27% commission on off-app purchases. The case could reshape how courts apply contempt standards in antitrust injunctions, with implications for Apple's App Store practices.
At the time of this announcement, AAPL was trading at $343.13 on NASDAQ in the Technology sector, with a market capitalization of approximately $5T. The 52-week trading range was $243.42 to $345.34. This news item was assessed with positive market sentiment and an importance score of 7 out of 10. Source: Reuters.