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| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|
| 5.56 | 2.23% | 255.35 | 250.80 | 257.98 | 255.00 | 245.69 | 248.04 | 167,162,321 | 05:00:00 |
From Dec 2023 to Dec 2024
--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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