Top Apple exec acknowledges shortcomings in effort to bring competition in iPhone app payments

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Longtime Apple executive Phil Schiller has acknowledged a court-ordered makeover of the U.S. payment system in its iPhone app store hasn’t done much to increase competition — a shortcoming that could result in a federal judge demanding more changes

Longtime Apple executive Phil Schiller on Wednesday acknowledged a court-ordered makeover of the U.S. payment system in its iPhone app store hasn't done much to increase competition — a shortcoming that could result in a federal judge demanding more changes.

Epic, the maker of the popular Fortnite video game, asserted Apple's commissions for clicking on external payment links combined with other costs for payment processing effectively make the alternative more expensive than just paying Apple's fees for using its standard system.

 

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