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

Now you can purchase Samsung’s 61.44TB PCIe Gen5 SSD for lower than $0.09 per gigabyte

Samsung’s 61.44TB BM1743, its highest-capacity SSD so far, usually sells for $7,500, nevertheless it's at the moment listed on ServerSupply for $5,950, however with obtainable reductions the ultimate value drops to $5,593.This brings...

XRP Bullish Cross Taking part in Out Once more: $9 Or $24 Subsequent?

XRP’s technical setup is taking part in out one other main transfer, and this time the bullish momentum is being backed by the reappearance of one among its strongest historic indicators. In line...

Valeura, PTTEP increase offshore exploration in Gulf of Thailand

Picture: PTTEP Valeura Power Inc. has entered right into a farm-in settlement with PTT Exploration and Manufacturing Plc (PTTEP) to earn a 40% curiosity in Blocks G1/65 and G3/65, within the offshore Gulf of...

Bitcoin Worth Watch: Impartial Technicals Go away Bulls and Bears in Impasse

Bitcoin’s value traded between $117,922 and $118,020 over the past 60 minutes, indicating minimal value volatility within the brief time period. With a market capitalization of $2.34 trillion and a 24-hour buying and...

Commerce Simulator MT4: Setup & Consumer Information – Buying and selling Programs – 27 July 2025

Begin buying and selling straight away with Commerce Simulator MT4/5 — set up and follow inside a minute! No strain. No actual cash....
spot_img

Latest articles

LEAVE A REPLY

Please enter your comment!
Please enter your name here

WP2Social Auto Publish Powered By : XYZScripts.com