Rakuten filed an antitrust complaint against Apple in the EU in March, the Financial Times reports.
Apple charges a 30% levy on in-app purchases, something Rakuten says unfairly raises prices on Kobo compared to Apple's e-book service. Apple is facing a new accusation of abusing its monopoly. Any app on the App Store which uses in-app payments has to use Apple's payment system, which charges up to a 30% levy on each purchase. For Kobo, this means if it wanted to sell books through its free app it would have to pay a 30% commission on every book sold.
Apple also has an ebook service called Apple Books. Rakuten's claim is that it's anti-competitive for Apple to charge a tax on Kobo, a competitor to Apple Books. Neither Apple nor Kobo were immediately available for comment when contacted by Business Insider.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Apple has the right to do that. It’s not a monopoly cause you have other equally large and if not larger OS platforms to chose from.
Get your own operating system
Canada Canada Latest News, Canada Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Amazon faces two new antitrust probes as pandemic demand skyrockets - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Australian P. M. Scott Morrison has apologised for denying his country's history with slavery.... BlackLivesMatter Let them try Why Corporate Governance Sucks
Source: BusinessInsider - 🏆 729. / 51 Read more »
Goldman Marcus UK pauses new accounts - Business Insider - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »
Facebook drops censorship tools for Workplace - Business Insider - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »
Facebook says its business could afford to get rid of news - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Do it and make sure to have a team of people who takes the fake news 👌 Please do zipillinois “News”
Source: BusinessInsider - 🏆 729. / 51 Read more »
How to get into the University of Michigan's Ross School of Business - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. RobinMadell DOOMSDAY is not on Saturday after all, writer says after predicting end of the world...
Source: BusinessInsider - 🏆 729. / 51 Read more »
WhatsApp is rolling out a digital payment system in Brazil - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. All money will be digital in the near future. Buy Bitcoin. Lol! We are doomed! Meu Deus do céu, como assim?
Source: BusinessInsider - 🏆 729. / 51 Read more »