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Apple rebuts House antitrust report, says developers 'primary beneficiaries' of App Store

Apple in a statement issued on Tuesday said it “vehemently disagrees” with a U.S. House Judiciary report that claims the tech giant enjoys a monopoly with the App Store.The response targets the congressional subcommittee’s findings in relation to Apple’s business practices. Specifically, the report takes issue with Apple’s tight control over the App Store, the only app marketplace allowed on iOS devices.According to lawmakers, Apple leverages its “monopoly power” of software distribution to “generate supra-normal profits from the App Store and its Services business.” The App Store’s 30% fee for purchases and in-app transactions are at the heart of the matter, with today’s report claiming the company pushes developers into detrimental contracts. Read more…
Source: Apple Insider News and Secrets on New Apple Products

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