Apple ordered to open up in-app purchases in Brazil
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Brazil's antitrust regulator Cade has mandated that Apple must remove restrictions on in-app purchases within 20 days or face daily fines. This decision could impact Apple's revenue model in Brazil.
November 26, 2024 | 12:00 pm
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Brazil's antitrust regulator has ordered Apple to lift restrictions on in-app purchases within 20 days, threatening fines of $43,000 per day for non-compliance. This regulatory decision could affect Apple's revenue model in Brazil.
The ruling by Brazil's antitrust regulator requires Apple to change its in-app purchase policies, which could impact its revenue from app sales in Brazil. Non-compliance would result in significant daily fines, pressuring Apple to comply.
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