Around the Net

U.S. Antitrust Regulator Eyeing Apple Subscription Plan

The U.S. Department of Justice and the Federal Trade Commission are looking at whether Apple's media subscription service violates antitrust laws. The company on Feb. 15 announced it would start a subscription service for publishers to sell newspapers and magazines on Apple's iPad through the App Store. The model has Apple taking a 30% cut on subscriptions people buy through the App Store. Google unveiled a rival service the next day saying it would only keep 10% of subscriber fees.

Read the whole story at Bloomberg »

Next story loading loading..