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Chinese app developers file antitrust complaint against Apple

Published 08/10/2017, 12:47 PM
© Reuters.  Chinese app developers file antitrust complaint against Apple
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  • The Wall Street Journal reports that 28 app developers in China have filed an antitrust complaint against Apple (NASDAQ:AAPL).
  • The complaint accuses Apple of a monopoly for removing apps without explanation and of taking a high percentage of in-app purchase earnings.
  • Apple says “most submissions in China are reviewed and approved to be on the store within 48 hours, or less” and that developers can ask for a review on a removed app.
  • Apple struggles in the Chinese market with a fifth place position in smartphone sales. The company recently received criticism for removing VPN apps from its App Store in the region.
  • Apple shares are down 2.08%.
  • Previously: Apple call: comments on China slump, Trump factory quote, no iPhone news (Aug. 1)
  • Now read: How Do You Like Them Apples?


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