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Update: Market Chatter: Meta Platforms, Microsoft, X Submit Joint Court Filing Against Apple's App Store Plan
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Update: Market Chatter: Meta Platforms, Microsoft, X Submit Joint Court Filing Against Apple's App Store Plan
Mar 20, 2024 1:15 PM

03:54 PM EDT, 03/20/2024 (MT Newswires) -- (Updates with comment from Apple ( AAPL ) in the third paragraph.)

Meta Platforms ( META ) , Microsoft ( MSFT ) , X, and Match Group ( MTCH ) have made a joint court filing Wednesday against Apple's ( AAPL ) plans to open up its App Store to outside payment options, Bloomberg reported.

The companies are arguing that Apple's ( AAPL ) plans violate a 2021 court order that requires the company to allow app developers to direct users to their own payment systems, the report said.

An Apple ( AAPL ) spokesperson directed MT Newswires to the company's statement of compliance filed with the US District Court for the Northern District of California in January when reached for comment.

Meta, Microsoft ( MSFT ), and Match did not immediately respond to MT Newswires' requests for comment. X could not be reached for comment.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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