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UK antitrust agency investigating Apple over app store practices

This article was originally published Fool.com.. All figures are in US dollars unless otherwise stated.

Appleof (NASDAQ: AAPL) The App Store is getting more controversy. On Thursday, the UK Government’s Antimonopoly Act Division, the Competitive Markets Authority (CMA), announced that it had begun investigating the business practices of US tech giants in online stores.

The CMA said it did so, following both developer complaints about these practices and the agency’s own efforts in the digital arena. They claim that Apple’s fairly strict conditions for developers to bring software into the App Store are unfair and probably violate national competition law.

In other jurisdictions, such as the United States, Apple has been accused of partnering with developers in its market. There is a 30% commission on App Store sales and similar charges for in-app purchases by users. As pointed out in a press release released by CMA, the App Store is the only legitimate way for developers to distribute their products to Apple devices. It’s also the only platform for Apple users to access them.

The CMA said the study will focus on whether Apple’s terms and conditions are unfair or anti-competitive for developers. It also considers whether users’ choices are constrained as a result, or whether their customers are paying unacceptably high prices for apps and add-ons.

“Millions of us use the app every day to check the weather, play games and place orders. [takeout food]”The CMA said CEO Andrea Coscelli said.

“Therefore, complaints that Apple could use its market position to set unfair conditions and limit competition and choices could lose customers when purchasing or using the app. There is, so you need to consider it carefully. “

This article was originally published Fool.com.. All figures are in US dollars unless otherwise stated.

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Eric Volkman I own a stake in Apple. Motley Fool Holdings Inc., the parent company of Motley Fool Australia, owns shares in Apple and recommends Apple. Motley Fool Australia recommends Apple. The Motley Fool Disclosure policy.. This article contains only general investment advice (based on AFSL 400691). Approved by Bruce Jackson.

UK antitrust agency investigating Apple over app store practices

Source link UK antitrust agency investigating Apple over app store practices

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