--Apple has asked a London tribunal to throw out a mass lawsuit valued at nearly $1 billion brought on behalf of more than 1,500 app developers over its App Store fees, Reuters reports.

--The case alleges Apple charged third-party developers unfair commissions of up to 30% on purchases of apps or other content.

--Apple says 85% of developers on its App Store don't pay any commission and is asking the U.K.'s Competition Appeal Tribunal to throw out the case, which its lawyers argue is "unsustainable," Reuters reports.

Full article: https://www.reuters.com/technology/apple-bids-throw-out-1-bln-uk-lawsuit-over-app-store-fees-2024-01-23/

Write to Colin Kellaher at colin.kellaher@wsj.com

(END) Dow Jones Newswires

January 23, 2024 11:53 ET (16:53 GMT)

Copyright (c) 2024 Dow Jones & Company, Inc.
Apple (NASDAQ:AAPL)
Historical Stock Chart
From Nov 2024 to Dec 2024 Click Here for more Apple Charts.
Apple (NASDAQ:AAPL)
Historical Stock Chart
From Dec 2023 to Dec 2024 Click Here for more Apple Charts.