UK Tribunal Rules Apple Imposed Excessive App Store Fees, Orders $2 Billion Payout
Apple has been found guilty of overcharging UK App Store developers through anti-competitive fees, according to a landmark ruling. The tech giant faces approximately $2 billion in compensation payments following the Competition Appeal Tribunal’s decision that its 30% commission was excessive.
Major Legal Defeat for Apple in UK App Store Case
Apple has reportedly been found liable for overcharging App Store developers in the United Kingdom, according to a significant class-action lawsuit ruling. Sources indicate the tech company will pay approximately £1.5 billion (roughly $2 billion) in compensation to developers who were subjected to what the tribunal deemed excessive fees.