hometechnology NewsApple faces $1 billion UK lawsuit by apps developers over app store fees

Apple faces $1 billion UK lawsuit by apps developers over app store fees

The commissions of 15 percent to 30 percent that Apple charges some app makers for use of an in-app payment system has been criticised by apps developers and targeted by antitrust regulators in several countries.

By Reuters Jul 25, 2023 6:44:48 AM IST (Published)

2 Min Read

Apple on Tuesday found itself the target of a 785 million pound ($1 billion) class action lawsuit brought by more than 1,500 apps developers in the UK over its App Store fees.
Apple's services business, which includes the App Store, has seen revenues grow at a rapid pace in the last few years and now hovers around $20 billion per quarter.
However, the commissions of 15 percent to 30 percent that the company charges some app makers for use of an in-app payment system has been criticised by apps developers and targeted by antitrust regulators in several countries.