Apple loses UK App Store monopoly case, penalty might near $2 billion

A landmark case in the UK concerning Apple’s App Store practices has just been decided, with a London tribunal ruling against the company in a move that could cost Apple up to $2 billion.

London tribunal rules that Apple overcharged app developers for years with unfair commissions

Sam Tobin writes at Reuters:

Apple abused its dominant position by charging app developers unfair commissions, a London tribunal ruled on Thursday, in a blow which could leave the U.S. tech…