UK Tribunal Rules Apple Abused App Store Dominance, Faces Potential $2 Billion Penalty
A UK tribunal has ruled Apple abused its dominant market position through App Store commission practices. The landmark decision could result in penalties approaching $2 billion, with Apple immediately announcing plans to appeal the ruling.
Landmark Ruling Against Apple’s App Store Practices
A London tribunal has delivered a significant blow to Apple’s App Store business model in the United Kingdom, ruling that the tech giant abused its dominant market position. According to reports from Reuters, the Competition Appeal Tribunal (CAT) found Apple guilty of anti-competitive practices that could potentially cost the company up to $2 billion in damages.