Media Executive Barry Diller claims Apple has overcharged his companies on the App Store in a "Disgusting Manner"
Prior to Apple's CEO testimony in the Epic Games v. Apple trial about the commission structure on the App Store, media executive Barry Diller lashed out at Apple in a CNBC interview that aired this morning. Diller stated: "The idea that they actually justify it by saying, ‘We spend all this money protecting our little App Store.' I mean, it’s criminal. Well, it will be criminal," he predicted.
Apple has a "quasi-monopoly" along with Alphabet’s Google, which runs the Google Play app store for Android devices, Diller said. The full interview is presented below.
For such a smart man, his analogies were misplaced. Does the Best Buy retail store charge 2% commission like a credit card company for putting a company's product on their shelves? Of course not.
Beyond the 30% commission, Diller said the he doesn't want Apple to be broken up, he simply wants them to be regulated like many other industries including media.