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Apple loses UK App Store monopoly case, penalty might near $2B

6 months ago
  • #App Store
  • #Apple
  • #Legal
  • A London tribunal ruled against Apple for abusing its dominant position by charging unfair commissions to app developers from 2015 to 2020.
  • The ruling could cost Apple up to $2 billion in damages, with a hearing next month to determine the exact amount.
  • Apple plans to appeal the decision, calling the tribunal's view of the app economy 'flawed'.
  • Developers were overcharged by the difference between a 17.5% commission and Apple's usual 30% rate, with 50% of the overcharge passed on to consumers.
  • The case was brought on behalf of millions of UK iPhone and iPad users.