From Breakingviews: Apple and Google are facing global criticism to cut their 30% app store fees. Despite games dominating their outlets’, a cut in the tech giants’ fee may boost dating apps more, olivertaslic says
A South Korean parliamentary committee on Aug. 25 recommended law changes seen as a key step towards banning Apple and Alphabet’s Google from charging software developers commissions on in-app purchases, the first such curb by a major economy.
The technology giants have faced global criticism because of their requirements for software developers using their app stores to use proprietary payment systems that charge commissions of up to 30%. On Aug. 11 a bipartisan trio of U.S. senators introduced a bill aimed at reining in large app stores, such as the Apple App Store and Google Play.
Epic Games in August 2020 filed federal antitrust lawsuits against Apple and Google after the pair removed Epic’s “Fortnite” game from their app stores. Epic’s trial against Apple concluded in May, and a ruling is expected soon. Since Aug. 1, Microsoft has reduced the commission it takes from PC games sold on its Microsoft Store from 30% to 12%. Epic Games’ store has taken a 12% cut since its launch in December 2018.The dating app Tinder is shown on a mobile phone in this picture illustration taken September 1, 2020.
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