Published: Monday, January 13, 2025 · 3:20 AM | Updated: Monday, January 13, 2025 · 3:20 AM
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The first UK class-action lawsuit against a major tech company is set to begin, with Apple (AAPL, Financial) accused of charging excessive fees for software downloaded from its App Store. The company faces potential damages of £1.5 billion. Apple argues that the lawsuit is baseless, maintaining that the commission it charges is standard across markets. Furthermore, most apps are offered for free, and a majority of developers qualify for a reduced 15% commission rate.
The plaintiffs claim that Apple forces app developers for devices like iPhones and iPads to use its App Store, creating a monopoly. They argue this leads to unfairly high commissions, indirectly causing developers to pass these costs onto consumers who download apps or purchase services within them. Consequently, the lawsuit seeks £1.5 billion in damages from Apple.
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