LONDON, Oct 23 (Reuters) - Apple ( AAPL ) on Thursday
lost a London lawsuit accusing the U.S. tech company of abusing
its dominant position by charging app developers an unfair 30%
commission through its App Store.
The Competition Appeal Tribunal ruled against Apple ( AAPL ) after a
trial of the lawsuit, brought on behalf of around 20 million
iPhone and iPad users in the United Kingdom and valued at up to
1.5 billion pounds ($2.01 billion), earlier this year.
The case was the first mass lawsuit against a tech giant to
come to trial under Britain's fledgling class action-style
regime, with many other cases waiting in the wings.
($1 = 0.7451 pounds)