Google announced the company is cutting the service fee that app developers have to pay the app store. Apple last year said it planned to lower its app store commission for developers who make maximum USD 1 million in proceeds each year from the store.
Google is from July 1 cutting the service fee by half for the first USD 1 million in revenue a developer earns every year.
The move will bring down Google’s app store fees to 15% from 30%, the company said in a blog post. Google said about 99% of developers on its app store would have a 50% reduction in fees.
Both the companies have been widely criticized for having high fees that push up the consumer price of apps.