The DOJ blames Apple’s monopolistic ways for forcing LG to stop producing Android phones
As Ives points out in his note to Wedbush clients, Apple has angered app developers by not allowing them to add a link to third-party payment processors for in-app purchases. Instead, outside of the EU, Apple collects 15%-30% of in-app purchases as it runs these transactions through its own in-app payment platform. As a result of the epic Epic v. Apple lawsuit, Apple does allow developers to include one link to a third-party payment processor but still takes a cut of 12% to 27%.
It probably is in the best interest of Apple not to get bogged down in a long and morale-draining lawsuit. A settlement would help the tech giant put this behind it without spending too much time and money on defending the firm. Besides wondering what constitutes a massive fine, it will be interesting to see what changes Apple is prepared to make to the App Store.
