Apple complies with Dutch watchdog ruling on payment options in Netherlands

2 days ago 12 - Financial Markets Worldwide

Please effort different search

Stock Markets25 minutes agone (Jan 15, 2022 04:35AM ET)

Apple complies with Dutch watchdog ruling connected  outgo   options successful  Netherlands © Reuters. FILE PHOTO: The Apple Inc. logo is seen successful the lobby of New York City's flagship Apple store January 18, 2011. REUTERS/Mike Segar/File Photo

AMSTERDAM (Reuters) - Apple (NASDAQ:) said connected Saturday it would let developers of dating apps successful the Netherlands to connection non-Apple outgo options to their users, complying with an bid from the country's marketplace regulator to bash truthful by Jan. 15 oregon look fines.

The country's Authority for Consumers and Markets recovered successful a determination published connected Dec. 24 that Apple had abused its marketplace presumption by requiring dating app developers, including Tinder proprietor Match Group Inc (NASDAQ:), to exclusively usage Apple's in-app outgo system.

Apple's signifier of requiring developers to usage its strategy and wage commissions of 15-30% connected integer goods purchases has travel nether scrutiny from regulators and lawmakers astir the world, but the Dutch ruling applies lone successful the Netherlands and lone for dating apps.

In a station connected its developers' blog connected Saturday, Apple said it would comply with the determination and present "two optional caller entitlements exclusively applicable to dating apps connected the Netherlands App Store that supply further outgo processing options for users".

However it noted that developers were not required to usage the non-Apple tools, and warned that Apple would not beryllium capable to assistance with information oregon refunds of payments that instrumentality spot extracurricular its systems due to the fact that it volition "not beryllium straight alert of them".

Apple is appealing the Dutch decision.

Related Articles

Disclaimer: Fusion Media would similar to punctual you that the information contained successful this website is not needfully real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but alternatively by marketplace makers, and truthful prices whitethorn not beryllium close and whitethorn disagree from the existent marketplace price, meaning prices are indicative and not due for trading purposes. Therefore Fusion Media doesn`t carnivore immoderate work for immoderate trading losses you mightiness incur arsenic a effect of utilizing this data.

Fusion Media oregon anyone progressive with Fusion Media volition not judge immoderate liability for nonaccomplishment oregon harm arsenic a effect of reliance connected the accusation including data, quotes, charts and buy/sell signals contained wrong this website. Please beryllium afloat informed regarding the risks and costs associated with trading the fiscal markets, it is 1 of the riskiest concern forms possible.

Read Entire Article