Apple Says Commission Metaverse Purchases Lays

Apple Says Commission Metaverse Purchases Lays

apple says commission metaverse purchases lays

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Apple has responded to Meta’s plan to charge a nearly 50% commission on digital asset purchases made within the metaverse after complaining about fees on the App Store, calling the decision hypocritical.

apple says commission metaverse purchases lays

Yesterday, it was revealed that Meta, better known as Facebook, plans to charge a hefty 47.5% commission for digital asset purchases made within the so-called “metaverse.”

The 47.5% cut includes a 30% hardware fee in addition to a 17.5% platform fee. In response to the plan, Apple spokesman Fred Sainz told MarketWatch that Facebook is simply being hypocritical and while it complains about Apple’s own platform fees, it wants to charge creators even more.

“Meta has repeatedly targeted Apple for charging developers a 30% commission for in-app purchases on the App Store, and has used small businesses and creators as a scapegoat throughout,” the spokesperson for Meta stated. Apple, Fred Sainz, in an email to MarketWatch. . “Now, Meta is looking to charge those same creators significantly more than any other platform. The [Meta] announcement exposes Meta’s hypocrisy. This shows that while they seek to use Apple’s platform for free, they happily take from the creators and small businesses that use theirs.”

Facebook and the company’s CEO, Mark Zuckerberg, have repeatedly said that Apple’s App Store and the 15% to 30% cut it requires for in-app purchases are anti-competitive and monopolistic.

Zuckerberg in June 2020 said that Facebook would make online paid events, subscriptions, badges and other products free for creators until 2023, and after that, Meta would announce a commission that is “less than 30% than Apple and others.” they take”. That lower fee has yet to be announced, and at least as far as the “metaverse” goes, Zuckerberg’s promise of a lower cut than Apple’s has already been broken.

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