Apple Seeks Dismissal of UK Suit Over App Store Fees, Reuters Reports
January 23 2024 - 12:08PM
Dow Jones News
--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 Oct 2024 to Nov 2024
Apple (NASDAQ:AAPL)
Historical Stock Chart
From Nov 2023 to Nov 2024