TechApple57m ago
Apple unveils new EU business terms from October 1, resolving disputes
Apple unveils new EU business terms from October 1, resolving disputes with the EU, including a new Core Technology Commission and App Store commission tiers
TL;DRApple agreed to new EU app rules, including lower commissions and a tech oversight board.
Why it matters: Sets precedent for how Big Tech negotiates with regulators; affects app economics globally.
Apple today announced changes to its business terms for apps in the European Union, following close collaboration with the European Commission.
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