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Investing.com -- Apple (NASDAQ:AAPL)’s recent modifications to its App Store rules and fees are expected to receive approval from European Union antitrust regulators, according to Reuters, citing people with direct knowledge of the matter.
This anticipated approval would help Apple avoid potentially substantial daily fines that could have been imposed by EU authorities.
Last month, Apple announced that developers will be charged a 20% processing fee for purchases made through the App Store, with fees potentially dropping to as low as 13% for participants in Apple’s small-business program.
For developers who direct customers outside the App Store for payment processing, Apple will implement a fee ranging between 5% and 15%. Additionally, developers will now have the freedom to use unlimited links to guide users toward external payment options.
These changes were implemented after EU antitrust enforcers fined Apple €500 million ($586.7 million) in April. Regulators determined that Apple’s technical and commercial restrictions prevented app developers from directing users to more affordable alternatives outside the App Store, which violated the Digital Markets Act (DMA).
The company was given a 60-day deadline to eliminate these restrictions to comply with the DMA, legislation designed to curb the power of major technology companies and create more competitive space for rivals.
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