Apple faces $1 billion UK lawsuit by app developers over App Store fees | CNN Business

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Apple faces $1 billion UK lawsuit by app developers over App Store fees | CNN Business
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More than 1,500 app developers in the United Kingdom brought a $1 billion class action lawsuit against Apple over its App Store fees.

Revenues at Apple\n \n ’s services business, which includes the App Store, have grown rapidly in the last few years and now hover around $20 billion per quarter. However, the commissions of 15% to 30% that the company charges some app makers for using an in-app payment system have been criticized by app developers and targeted by antitrust regulators in several countries.

The UK lawsuit at the Competition Appeal Tribunal is being brought by Sean Ennis, a professor at the Centre for Competition Policy at the University of East Anglia and a former economist at the Organisation for Economic Co-operation and Development, on behalf of 1,566 app developers. He is being advised by law firm Geradin Partners.

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