18Nov
Financial Daily Dose 11.18.2020 | Top Story: Apple Cuts App Store Fees Amidst Antitrust Scrutiny
In a major shift (and with antitrust regulators breathing down its neck), Apple is halving the App Store fee it charges developers (from 30% to 15%) who produce “as much as $1 million in annual revenue from their apps and those who are new to the store.” Apple’s cut of App Store revenue has been a hot topic in recent months, as best exemplified in its ongoing battle with Fortnite maker Epic Games....
By:
Robins Kaplan LLP
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