Home IT Hardware Assets FTC exploring whether Apple’s 30% cut from music streaming apps is legal

FTC exploring whether Apple’s 30% cut from music streaming apps is legal

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Reuters reported on Friday that the Federal Trade Commission (FTC) is looking into whether it’s legal for Apple to continue taking a 30 percent cut from sales within rival music streaming apps now that the company has its own music streaming service.

No formal investigation has been launched, but one anonymous source speaking to Reuters said that the FTC “has had meetings with multiple concerned parties” to discuss the issue.

Two other anonymous sources said that the FTC is exploring antitrust concerns related to restrictions that Apple places on its rivals, including “a prohibition on advertising in the app that the company is on other platforms, a ban on marketing in the app that consumers can also buy directly from the company’s website, and a ban on linking to a company’s website from within the app.”

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