Epic V. Apple Ruling Offers Lessons On Expert Testimony
By Narinder Walia (September 29, 2021, 4:52 PM EDT) -- The Epic Games Inc. v. Apple Inc. antitrust litigation has been noteworthy in many respects. The case has proceeded at remarkable speed, with barely a year between filing of the initial complaint in August 2020 and the ruling by U.S. District Judge Yvonne Gonzalez Rogers this month.
While Apple prevailed on nine of the 10 counts in court, the stock market's verdict went against the iPhone maker. Upon release of Judge Gonzalez Rogers' ruling on Sept. 10, Apple lost approximately $85 billion — around 3.3% — in market capitalization. In other words, the market expected that the injunction against Apple's anti-steering provisions...
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