The courtroom drama between Apple Inc. (NASDAQ: AAPL) and Epic Games over the latter’s “Fortnite” game promise to be a star-studded affair.
What happened: Top executives of the Cupertino, California-based technology giant and Epic are expected to testify in person, CNN reported Sunday.
Apple CEO Tim Cook, Craig Federighi, head of software engineering, and Phil Schiller of Apple are prospective witnesses.
Epic will reportedly call its founder and CEO, Tim Sweeney, and other top executives to testify.
“Our senior executives look forward to sharing with the court the very positive impact the App Store has had on innovation, economies around the world and the customer experience over the past twelve years,” Apple said in a statement. , as reported by CNN.
See also: Apple has ‘Crazy, Misguided View’ on owning all trade related to the iPhone, says Epic Founder
Why it matters: Last August, Apple and Alphabet Inc. (NASDAQ: GOOGL) (NASDAQ: GOOG) was brought to court by Epic after the Fortnite game was removed from the app stores operated by the two companies.
The removal came after Epic tried to circumvent a cut on the purchases of the technology giants.
Apple also opposed Epic, calling the lawsuit “nothing more than a basic disagreement over money”.
Cupertino has since reduced its App Store fee to 15% for small businesses earning up to $ 1 million a year. A move that was repeated by Google last week.
Price action: Apple shares closed 0.45% lower at $ 119.99 on Friday.
Watch the news coverage in Italian or Spanish Benzinga Italia and Benzinga España.
© 2021 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.