Apple, Google lose landmark court case in Australia, ABC reports

An Australian federal judge has ruled that Apple (AAPL) and Google (GOOGL) engaged in anticompetitive conduct by misusing their app store market power, Michael Atkin and Melanie Vujkovic of Australia’s ABC report. Judge Jonathan Beach found that both companies had broken the law by misusing their market power in the way they run their app stores, clearing the way for two class actions covering millions of Australian consumers and developers to pursue substantial compensation for the price and commissions they paid for digital content.