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AAPL Apple Canadian Dollar Hedged

33.55
0.00 (0.00%)
21 Nov 2024 - Closed
Realtime Data
Name Symbol Market Type
Apple Canadian Dollar Hedged NEO:AAPL NEO Depository Receipt
  Price Change % Change Price Bid Price Offer Price High Price Low Price Open Price Traded Last Trade
  0.00 0.00% 33.55 33.52 34.00 0 11:15:00

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

23/01/2024 5:08pm

Dow Jones News


Apple Canadian Dollar He... (NEO: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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