SPOT - Epic Games Lawsuit With Google Reveals Spotify Pays Minimal Fees For App Store Why It's Important In Commission Battle | Benzinga
Video game company Epic Games has battled technology giants Alphabet Inc (NASDAQ:GOOG)(NASDAQ:GOOGL) and Apple Inc (NASDAQ:AAPL) over the years over the fees taken for app purchases.
An ongoing trial with Alphabet revealed a company that gets around the app store fees.
What Happened: Ongoing testimony between Epic Games and Alphabet-owned Google comes as the maker of the popular Fortnite video game has battled against the commission fees paid to app store companies.
In new testimony, it was revealed that music streaming platform Spotify Technology (NYSE:SPOT) has a deal in place with Google that lets it avoid paying most commission fees.
As reported by The Verge, Spotify pays 0% in commission fees if it uses its own payment processor. Fees of 4% are paid to Google otherwise.
The deal was revealed by Google head of partnerships Don Harrison and comes after Google tried to keep the terms of the Spotify deal private during the antitrust battle.
Google typically takes a 15% commission fee ...