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AAPL Apple Inc

183.78
10.75 (6.21%)
04 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Apple Inc NASDAQ:AAPL NASDAQ Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  10.75 6.21% 183.78 183.35 184.00 187.00 182.66 186.645 163,224,774 05:00:00

Apple Seeks Dismissal of UK Suit Over App Store Fees, Reuters Reports

23/01/2024 5:08pm

Dow Jones News


Apple (NASDAQ:AAPL)
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--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.

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