UK Developers Unite: Over 1,500 App Makers Launch Class Action Suit Against Apple for Unfair App Store Fees
Portfolio Pulse from Anusuya Lahiri
Over 1,500 U.K.-based developers have filed a class action lawsuit against Apple Inc, alleging the company of abusing a dominant position by charging an “anti-competitive” 30% fee on in-app sales made by app makers on its iOS App Store. The lawsuit could result in a penalty of up to £800 million (over $1 billion). Spotify Technology S.A. and Epic Games have also filed complaints against Apple's App Store policies and fees.
July 25, 2023 | 1:30 pm
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NEUTRAL IMPACT
Spotify has filed complaints against Apple's App Store policies and fees, aligning with the U.K. developers' class action lawsuit.
Spotify's complaints against Apple's App Store policies and fees align with the allegations in the U.K. developers' lawsuit. The outcome of the lawsuit could potentially impact Spotify's operations on the iOS platform.
CONFIDENCE 80
IMPORTANCE 50
RELEVANCE 50
NEGATIVE IMPACT
Apple faces a class action lawsuit from over 1,500 U.K.-based developers over its App Store fees, which could result in a penalty of over $1 billion.
The lawsuit alleges that Apple's 30% fee on in-app sales is anti-competitive. If the lawsuit is successful, it could result in a significant financial penalty for Apple and potentially force changes to its App Store policies, which could impact its revenue.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100