Reported 1 day ago
Y Combinator has submitted an amicus brief in the ongoing legal dispute between Apple and Epic Games, asserting that the App Store’s high fees have stifled startup innovation. The brief highlights how the so-called 'Apple Tax' has been a significant barrier for app-based businesses, impacting their growth and reinvestment capabilities. Y Combinator argues that recent court rulings allowing transparency in alternative payment options could finally enable investment in innovative startups that were previously hindered by such fees.
Source: YAHOO