Fun Fact: Apple is #3 in the world in Game Revenue; Apple does not make games..
Updated: Oct 11, 2020
Apple is #3 in the world in Game Revenue
Apple does not make games..
This is because, Apple charges 30% commission on in-app purchases across all apps..
Businesses have started accepting payments directly on their platform bypassing Apple. #EpicGames (started it), #Netflix, #Spotify, #Amazon followed.
Tim Sweeney, the CEO of #epicgames#Fortniteee) filed an anti-trust lawsuit against Apple.
Apple countered by saying that there is not #monopolistic practice as the #Market" is not just the App Store (100% Apple owned) but also #PlayStore, etc.
Apple argues that If one does not want to use the #Appstore to install an app, they should buy a phone that does not run #iOS.
#Amazon does not care when it does the same to sellers on its e-commerce platform. And frankly speaking, today, sellers on all Marketplace platforms are feeling the heat of high commissions.
In India, #Zomato, #Swiggy, #Redbus, #FK, #AZ all have monopolistic practices and #GoI must intervene to promote fair play.
All previous restrictions on Marketplace businesses, imposed by the #Government of #India, were tactfully overcome by cos like #Amazon, #Flipkart, etc.
Time for a third wave of Government intervention to check monopolistic business practices?
Please share your thoughts.
This article is published by Reputes Marketing Solutions, an RoI focused Digital Marketing agency based in Belgaum, Karnataka, India.
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