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Tuesday, 25 July, 2023

Apple Faces $1 Billion Antitrust Suit Over App Store Fees

Apple Faces $1 Billion Antitrust Suit Over App Store Fees

Apple is the subject of an antitrust lawsuit seeking $1 billion in damages filed by UK developers. The suit alleges that Apple's App Store practices create a monopoly, limiting competition and causing financial harm to app developers. The developers argue that Apple's mandatory in-app purchase system and 30% commission on sales are anti-competitive. The legal action adds to the scrutiny faced by tech giants over their app store policies and calls for regulatory oversight.

Read full story at Techcrunch

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