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Apple fights $1.8 bn app store lawsuit in UK on abuse of dominant position

Business Standard LogoBusiness Standard1d ago

Apple fights $1.8 bn app store lawsuit in UK on abuse of dominant position - Business Standard

Quick Summary:

The seven-week trial is expected to hear evidence from Apple's chief financial officer Kevan Parekh later this week.(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.

The company's lawyer, Marie Demetriou, said in court filings that the commission reflects "the enormous benefits conferred through Apple's innovation by the iOS ecosystem as a whole".

But Apple “ which has faced mounting pressure from regulators in the US and Europe over the fees it charges third-party developers“ says 85 per cent of developers do not pay any commission at all.


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Article Details

Category: BusinessFinance

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-01-13 @ 18:01:57 (1 days ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 498 words

Reading Time: 3 minutes read

Sentences: 19 lines

Sentence Length: 27 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 25105257

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About Business Standard

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Main Topics: BusinessFinance

Official Website: business-standard.com

Update Frequency: 309 posts per day

Year Established: 1975

Headquarters: India

News Last Updated: 6 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +5:00

Content Availability: Worldwide

News Language: English

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API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #49

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  • URL: https://beamstart.com/news/apple-fights-18-bn-app-17367720982607

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