Apple is losing the antitrust battle and soon won't be able to charge commissions from external payment platforms
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5 Articles
The Californian company continues to renew its app store policy to adapt to the EU legal framework
Apple is losing the antitrust battle and soon won't be able to charge commissions from external payment platforms
Apple has been fighting antitrust regulators across the globe, and it's about to lose yet another battle in the US after trying to take commissions from purchases made on third-party payment platforms.In the latest regulatory filing from Apple itself, the company admits that it may no longer be able to do so. The EU Commission was the first to force Apple to allow third-party app stores on its platform offering a way around the company's officia…
Apple's App Store commission revenue drops 18% amid legal challenges
Apple's reduced App Store revenue highlights the growing global regulatory pressure on tech giants to adapt their business models. The post Apple’s App Store commission revenue drops 18% amid legal challenges appeared first on Crypto Briefing.
The company has revised the terms of the App Store in the European Union: it has simplified the commission structure, changed the rules for alternative payment methods, and relaxed the requirements for third-party app stores.
Apple formally asks the U.S. court for permission to charge a 5% to 15% commission on purchases made outside of the App Store payment system. This initiative is part of the legal dispute between Apple and Epic Games since 2020. The Californian company has submitted a new fee schedule to the court to regulate transactions made through external links. A rate schedule adjusted according to the developer status on App Store Apple adjusts the rate of…
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