Google to Lower Service Fee for Play Store App Developers
March 16 2021 - 11:52AM
Dow Jones News
By Tripp Mickle
Google is reducing the commission it charges developers that
sell digital goods and services through its Play store, a move that
comes amid increased regulatory scrutiny of the power the tech
giants wield over their multibillion-dollar app marketplaces.
The company behind the world's largest operating system,
Android, said Tuesday that it would reduce service fee it collects
to 15% from 30% on the first $1 million developers earn from its
app store. The reduction is a slight departure from a decision
Apple Inc. announced late last year to r educe its rate to 15% for
software makers who generate less than $1 million in annual
sales.
(More to Come)
Write to Tripp Mickle at Tripp.Mickle@wsj.com
(END) Dow Jones Newswires
March 16, 2021 11:37 ET (15:37 GMT)
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