Tuesday, 25 July, 2023

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.