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EU to charge Apple over its in-app payment system rules -source

imageStock Markets26 minutes ago (Apr 30, 2021 05:25AM ET)

(C) Reuters. FILE PHOTO: The Apple Inc logo is shown outside the company’s 2016 Worldwide Developers Conference in San Francisco

BRUSSELS (Reuters) – Antitrust regulators will on Friday charge iPhone Apple (NASDAQ:AAPL) with anti-competitive behaviour by not allowing developers to inform users of other purchasing options outside of apps, a person familiar with the matter said.

European antitrust chief Margrethe Vestager will announce a chargesheet for Apple at 1100 GMT.

Apple’s rules regarding its in-app payment system which charges a 30% commission has been the focus of Swedish music streaming service Spotify (NYSE:SPOT)’s complaint to the European Commission.

Bloomberg was the first to report on the in-app payment system issue.

EU to charge Apple over its in-app payment system rules -source

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