Apple's Developer Fees Face $995 Million UK Legal Challenge
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Apple is facing a $995 million legal challenge in the UK from app developers over its App Store commissions, which are alleged to harm competition.
December 03, 2024 | 3:00 pm
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Apple is facing a $995 million class action lawsuit in the UK from app developers who claim its App Store commissions harm competition.
The lawsuit could lead to financial penalties or changes in Apple's App Store policies, potentially affecting its revenue model. Legal challenges can also impact investor sentiment negatively.
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