Apple pushes back against UK proposal to loosen App Store payment rules

Apple today alleged that a new UK proposal targeting App Store fees amounts to price regulation, warning that it could undermine innovation and investment. Here are the details.

In a submission to Britain's Competition and Markets Authority, the iPhone maker said proposed "steering" requirements would ‌go beyond promoting ⁠competition ⁠and give the regulator a "highly intrusive" role in managing its business.