- Update: Epic Games CEO Tim Sweeney is weighing in on the App Store tax cut, telling Reuters that Apple's move is meant to divide app creators and preserve their monopoly.
- Original post: Earlier today, Apple (AAPL -0.5%) announced cutting its 30% App Store commission in half for smaller developers. The app tax is at the center of Apple's legal battle with Epic Games and the subject of an EU antitrust probe.
- In June, the European Commission announced the App Store investigation, which launched after complaints from Spotify and an e-book publisher.
- After this morning's tax cut, the EU confirmed that its App Store probe is still ongoing.
- Source: Bloomberg.
- Previously: Apple cutting App Store tax in half for smaller developers, effective Jan. 1 (Nov. 18 2020)