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Apple to add third-party app stores for EU iPhones
AppleApple(US:AAPL) Proactive Investorsยท2024-01-26 09:55

Apple Inc (NASDAQ:AAPL, ETR:APC) will allow rival app stores on its iPhones for users living in the European Union starting this March. It marks a shift from Apple's long-standing policy of exclusively hosting apps through its own App Store, a practice that has previously drawn criticism and accusations of monopolistic behaviour. Some developers claimed to be charged up to 30% commission for in-store sales. While it will not apply to Brits, Parliament is aiming to pass the Digital Markets Bill, which looks ...