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Market Chatter: Apple Facing Further EU Scrutiny Due to New Fees for App Developers
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Market Chatter: Apple Facing Further EU Scrutiny Due to New Fees for App Developers
Jan 13, 2025 6:57 AM

09:35 AM EST, 01/13/2025 (MT Newswires) -- Apple's ( AAPL ) new fees for app developers are under scrutiny from EU competition watchdogs amid concerns they may increase costs for software makers, Bloomberg reported Monday, quoting unnamed sources.

European Commission regulators sent questionnaires to app developers in December centered on Apple's ( AAPL ) "core technology fee," which is a new charge of 0.50 euro ($0.51) per installed app applied to developers, the report said.

The December questionnaires are part of a probe by the Commission into Apple's ( AAPL ) new fee structure, which the company launched to comply with the EU's Digital Markets Act, Bloomberg reported.

The scrutiny may lead to the Commission to rule that Apple's ( AAPL ) efforts to comply with the Act are insufficient and the company may be told to revamp the terms for developers on its App Store, the report said.

Apple ( AAPL ) didn't immediately respond to a request for comment by MT Newswires.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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