Dutch watchdog says Apple to offer other payment methods in dating apps By Reuters


© Reuters. FILE PHOTO: The Apple Inc logo is seen hanging at the entrance to the Apple store on 5th Avenue in Manhattan, New York, U.S., October 16, 2019. REUTERS/Mike Segar/File Photo/File Photo

(Adds slug for media)

(Reuters) – The Netherlands’ antitrust watchdog on Saturday said Apple Inc (NASDAQ:) will allow different payment methods in Dutch dating applications, ending a dispute that resulted in the company being fined 50 million euros ($52.58 million).

The Authority for Consumers and Markets (AMC) said in a statement https:// that with this concession, Apple will meet the requirement that the regulator had set under the European Union and Dutch competition rules.

The iPhone maker has long mandated use of its in-app payment system, which charges commissions of up 30% that some developers like Tinder owner Match Group Inc (NASDAQ:) have argued are too high.

Apple did not immediately respond to Reuters’ request for comment.

“In the digital economy, powerful companies have a special responsibility to keep the market fair and open. Apple avoided that responsibility, and abused its dominant position vis-à-vis dating-app providers,” said Martijn Snoep, chairman of the board of ACM.

“We are glad that Apple has finally brought its conditions in line with European and Dutch competition rules.”

The ACM ruled last year that Apple’s rules violated Dutch competition laws in the dating app market and required Apple to allow those developers to use third-party payment processors.

On Friday, Apple laid out rules on how developers of dating apps offered in the Netherlands can skip its in-app payment systems.

It said that dating app developers will still have to pay it commissions for sales made outside of its in-app payment system, though it will give them a slight discount.

($1 = 0.9510 euros)



Source link

Related articles

Bitwise Updates Spot Dogecoin ETF Submitting: Will A DOGE Approval Come Earlier than An XRP ETF?

Trusted Editorial content material, reviewed by main trade consultants and seasoned editors. Advert Disclosure Bitwise has up to date its spot Dogecoin ETF submitting, offering optimism that the crypto fund may launch quickly. Primarily...

Android 16 replace targets Stingray assaults with real-time alerts for faux cell tower connections

Why it issues: As Android 16's new safety features roll out with the subsequent technology of smartphones, customers will, for the primary time, have a software to detect invisible digital...

Is Cardano’s plan to transform a part of ADA treasury into Bitcoin a clever transfer?

The next is a visitor put up and evaluation from Shane Neagle, Editor In Chief fromThe Tokenist.On June thirteenth, Charles Hoskinson, the co-founder of Ethereum (ETH) and founding father of...

Market Forecast for 30 June – 4 July 2025 – Analytics & Forecasts – 28 June 2025

In the course of the previous week (23–27 June), world investor sentiment remained upbeat, fuelled by expectations of an imminent Fed price lower...
spot_img

Latest articles

LEAVE A REPLY

Please enter your comment!
Please enter your name here

WP2Social Auto Publish Powered By : XYZScripts.com