Apple faces potential $1B suit in UK by app makers over App Store fees - report
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Apple (NASDAQ:AAPL) is facing a potential Â£785M ($1B) class action lawsuit brought by over 1,500 apps developers in the U.K. linked to its App Store fees, Reuters reported.
The UK suit at the Competition Appeal Tribunal has been brought by Sean Ennis on behalf of 1,566 app developers. Ennis is professor at the Centre for Competition Policy at the University of East Anglia and was previously an economist at the OECD.

The report noted that the commissions of 15% to 30% which Apple charges some app developers for use of an in-app payment system has been criticised by apps developers and by antitrust regulators in certain countries.
"Apple's charges to app developers are excessive, and only possible due to its monopoly on the distribution of apps onto iPhones and iPads," Ennis said in a statement, according to the report.
Apple's Services revenue has been growing. In Q2, the segment generated $20.91B, rising 5.5% Y/Y.

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