Last year, Match Group, an online dating company split from Barry Diller’s IAC, made $ 2.4 billion in revenue. What is the single cost of a large company? Apple’s 30 percent app store “on” sales on Match apps, which includes Tinder, Hinge, and OkCupid – the business estimates to be worth $ 500 million annually. Google will require Match to pay the same commission rate on programs sold through the Google Play Store starting in September.
The two technology giants are silent on the material system, according to Jared Sine, the union’s chief business officer and law firm. And their seizures have damaged the U.S. economy as much as oil barons, railroads and Ma Bell decades ago, testified at a Senate Judiciary hearing in April. “Apple and Google,” Sine said, “are using their unique power to dictate how applications run, how much they will be forced to pay and, in most cases, they will even understand.”
After years of simmering trails, the company’s two largest hardware stores are now the scene of attacks on several fronts. Allowing Apple and Google to change the way they run their digital stores – which combined a total of $ 111 billion in tariffs last year, for the Sensor Tower research company – is among the fastest growing issues in regulation and legal circuits between expansion and development. against Big Tech.
Epic Games, the creator of blockbuster game “Fortnite,” last year sued Apple and Google, alleging they run illegal monopoly that forced app developers to use in-app payment systems. -work and out large bills. The judge in Epic Games v. Apple trial is expected this fall.
For Epic CEO Tim Sweeney, it is an ongoing battle that will determine the future of the next generation of mobile computing. Epic has not claimed any financial damages at Apple or Google courts – complying with its long-standing policy – and is primarily responsible for its applications to be able to use other payment methods. The company, which has a net worth of nearly $ 29 billion after a new round of investments this year from Sony and others, is causing an economic crisis in the crusade: “Fortnite” is also banned from Apple Store and Google Play Store, after Epic opposed their in-app payment rules.
“The long-term evolution of ‘Fortnite’ will open ‘Fortnite’ as a platform for developers to distribute their work to users, and the creators will be making more and more games,” Sweeney testified in a test in May. “With Apple took 30% off the top, making it very difficult for Epic and the creators to be the future of the world. ” Apple’s application is truly the world’s largest tax on the internet. Epic is right. “
Meanwhile, Google is facing a new legal challenge from all 36 U.S. state attorneys, who are also charged with having the online app store abuse its position in the Android market, and in particular, like Apple, unfairly hacked. 30% kan. “Google has been working as an internet portal for many years, but more recently, it has also become the gatekeeper of our digital devices – making us all pay more for the software we use every day, “New York Attorney General Letitia James said in a statement of legal action in July.