Start United States USA — IT Apple Shares Drop Ahead Sept.14 Event as US Court Strikes Down Payments...

Apple Shares Drop Ahead Sept.14 Event as US Court Strikes Down Payments Walled Garden

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The ruling comes awkwardly ahead of Apple’s marquee event next week where versions of Apple’s winning products are slated for unveiling.
A US court on Friday tore down some of Apple’s key restrictions on how its developers can collect payments within the apps. The decision strikes down a core part of Apple’s App Store money machine. The anti-trust ruling came thanks to Epic Games. Hereon, Apple cannot bar developers from directing customers to pay outside of Apple’s own in-app purchase system. Apple can appeal. It presently charges developers commissions up to 30 per cent. Apple also bans a developer from communicating with customers via contact information that the developer obtained when customers signed up within the app.

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