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Frenchman takes on Gold Coast cryptocurrency firm after allegedly losing $800k in failed deal

Frenchman takes on Gold Coast cryptocurrency firm after allegedly losing $800k in failed deal
abc.net.au - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from abc.net.au Daily Mail and Mail on Sunday newspapers.

Epic Games takes Apple dispute to Australian market regulator - General Discussion Discussions on AppleInsider Forums

Credit: Epic Games The Fortnite maker has told the Australian Competition and Consumer Commission that Apple s unrestrained market power is suppressing competition and innovation, and is artificially raising the price of iPhone and iPad apps, Financial Reviewreported on Thursday. According to its submission to the ACCC Digital Platforms Services Inquiry, Epic Games says that Apple is forcing App Store developers to pay a 30% Apple tax on the games they sell. It adds that the true commission should be closer to the single digits. Apple s conduct is symptomatic of unrestrained market power that results in significant harm to Australian consumers and the competitive process. In the absence of these anticompetitive restraints, app developers would have a greater ability to distribute their apps, leading to increased competition and innovation to the benefit of Australian consumers, Epic s submission reads.

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