Supreme Court Rejects Apple’s Bid for Epic App Store Review (1)

The US Supreme Court refused to consider Apple Inc.’s appeal in an antitrust suit challenging its lucrative App Store, a decision that will likely affect billions of dollars in revenue for the iPhone maker.

Both Apple and Fortnite maker Epic Games Inc. had asked the court to hear an appeal related to the case. The justices turned down both appeals without explanation.

Apple fell 2.6% to $181.09 at 9:51 a.m. in New York.

The high court’s decision will allow an appeals court ruling go into effect, letting developers direct iPhone users to cheaper purchasing options outside of Apple’s system. ...