Apple Pays $100 Million to Settle an App Store Lawsuit

It’s a full-time job keeping up with Apple’s corporate beefs.

The iPhone maker is facing legal heat from Epic Games (“Fortnite” maker), Match Group (Tinder owner), Facebook, and others for how it runs the App Store.

Last week, Apple settled a federal case — launched in 2019 — that charged the tech giant with monopoly power over its App Store.

The company agreed to pay $100m to US developers who paid “excessive commissions” on their apps between June 2015 and April 2021, per The Wall Street Journal.

The settlement is only for developers making less than $1m per year, and the headline number is sad when you break it down: Some may receive up to $30k, but 74% will get $500 or less.

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