One of Apple's harshest App Store critics says the company's resistance to payments competition may well backfire and ultimately help developers
A Dutch regulator Apple to let dating apps in the country use other payment services outside of its own, which currently takes a 15-30% cut from transactions. Apple responded, but the Dutch Authority for Consumers and Markets ruled on Monday that the company's solution"raised several barriers" and failed to comply with the order.
"They're going out of their way to obstruct developers," Eleftheriou told Insider in an interview."Perhaps the calculation is that you'd rather pay the fines, as bad as that may look, than complying and giving in and creating precedence here." Eleftheriou has sparred with Apple in the past over App Store security, fraud prevention, and other issues. Here are three other takeaways he shared from what's happened in the Netherlands so far:By not complying fully, Apple may encourage a stricter crackdown by the Dutch regulator and other authorities. Regulators are becoming more savvy with App Store technology and related systems, and the company's pushback could inspire regulators to act sooner and take tougher action.
Apple wouldn't have to match the cheapest alternatives because the company's embedded payments service has so many things going for it already, such as having users' payment credentials preloaded and consumers' inherent trust in its platform, the developer added. Apple could charge two or three times more than new rivals and still see success among consumers, Eleftheriou predicted.
Norge Siste Nytt, Norge Overskrifter
Similar News:Du kan også lese nyheter som ligner på denne som vi har samlet inn fra andre nyhetskilder.
Suspect robs Akron Dollar General store at gunpointThe male suspect escaped with cash after robbing the Dollar General store in the Kenmore neighborhood, Akron police say.
Les mer »
Plaid settlement: Venmo, Robinhood, other money app users may be eligible for payoutPlaid’s technology connects bank accounts to financial apps like Venmo — and users could be entitled to some money after a big class-action lawsuit was just settled.
Les mer »
Microsoft is emailing out links to buy an Xbox Series X bundle from its online storeCheck your email for the Xbox Series X bundle link.
Les mer »
Legally armed jewelry store owner thwarts smash-and-grab robbery attempt in San BrunoA legally armed jewelry store owner in San Bruno thwarted a smash-and-grab robbery attempt by five men at his shop, authorities said.
Les mer »
VIDEO: San Bruno jewelry store owner stops attempted smash-and-grab robberyMaaz Jewelers owner Usman Bhatti sends out this message to lawmakers: 'Do something, anything, it's their job to protect us, to make some sort of law, we can protect ourselves at least.'
Les mer »
Ex-Goldman Sachs banker launches crypto app after $33M raiseFrom Goldman Sachs to crypto innovator. The former Head of Product for “Marcus by Goldman Sachs” adamdell has launched a new crypto investing app, “Domain Ventures,” that “will provide investors a sophisticated, intuitive, and holistic platform.”
Les mer »