The New Paper

November 19, 2020

Apple announces reduction in app store fees for small businesses

Apple announced plans to reduce app store fees for small businesses from 30% to 15%. The reduction will apply to companies who earn less than $1M on the platform (annually) and will take effect starting on January 1. The decision comes as Apple faces increasing scrutiny over its app store policies, including a House-led antitrust probe and an ongoing legal dispute with Fortnite maker Epic Games.

This story is from the November 19, 2020 edition of The New Paper – a clear, concise daily briefing that makes fact-first news easy to consume. Try it today.