Apple Takes Swipe At £1.5B Suit Over App Store Charges

By Christopher Crosby (May 4, 2022, 2:36 PM BST) -- Apple has struck back against a proposed £1.5 billion ($1.9 billion) class action at a British competition tribunal, arguing on Wednesday that its App Store fees are not excessive as they simply reflect the fair market value of its services to developers.

A lawyer for Apple has defended the tech giant's pricing policy, arguing that its prices exceeded the costs of building and maintaining the App Store. (AP Photo/Matthias Schrader) A lawyer for the U.S. tech giant urged the Competition Appeal Tribunal to strike out demands that the company should compensate customers in Britain for allegedly abusing its market dominance through...

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