Apple Sued Over “Profit-Killing” Monopoly, Devs Seeking Third-Party App Stores

A lawsuit that’s seeking class-action status claims Apple relies on monopoly tactics to force its App Store on iOS developers, set a series of so-called “profit-killing” commissions, and enforce several other rules that reduce the revenue of app creators.

Attorneys at Hagens Berman, a law firm that in 2016 won a lawsuit against Apple over e-book price fixing, explains that Apple forcing iOS developers to distribute all their apps through the App Store is an anti-competitive approach because the Cupertino take giant takes its own cut of each sale.

“Between Apple’s 30 percent cut of all App Store sales, the annual fee of $99 and pricing mandates, Apple blatantly abuses its market power to the detriment of developers, who are forced to use the only platform available to them to sell their iOS app,” said Steve Berman, managing partner of Hagens Berman is quoted as saying by <a href="https://finance.yahoo.com/news/hagens-berman-ios-developers-sue-143500042.html?guccount… (read more)

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