Apple will change App Store practices after settlement with small developers

FAN Editor
Apple logo is seen on the Apple store at The Marche Saint Germain in Paris
Apple logo is seen on the Apple store at The Marche Saint Germain in Paris, France July 15, 2020. REUTERS/Gonzalo Fuentes

August 27, 2021

By Stephen Nellis

(Reuters) – Apple Inc on Thursday said it had reached a proposed settlement on a class-action lawsuit brought by small developers on its App Store and would make changes to its business as a result.

A group of software developers brought the lawsuit in 2019, alleging that Apple broke antitrust laws with practices such as charging commissions of up to 30%. The company said it has reached a proposed settlement that covers developers who made $1 million a year or less under which the developers release all claims that Apple’s commissions were too high.

In exchange, Apple said it will make a number of changes to the App Store, including preserving a change made last year that lowers commissions for smaller developers to 15%.

(Reporting by Aishwarya Nair and Kanishka Singh in Bengaluru and Stephen Nellis in San Francisco; editing by Uttaresh.V & Shri Navaratnam)

Free America Network Articles

Leave a Reply

Next Post

Dollar holds firm as Fed hawks urge early taper ahead of Powell’s speech

FILE PHOTO: A U.S. Dollar banknote is seen in this illustration taken May 26, 2020. REUTERS/Dado Ruvic/Illustration August 27, 2021 By Hideyuki Sano TOKYO (Reuters) – The dollar held firm on Friday after the U.S. Federal Reserve’s hawkish wing called for tapering bond purchases as investors looked to a highly-anticipated […]