/cloudfront-us-east-2.images.arcpublishing.com/reuters/57C65RALWBKNBDENKCOECGSBPE.jpg "Google halves Play Store fees for subscription apps")
The Google logo is seen on on the company’s European headquarters in Dublin, Ireland, February 27, 2021. REUTERS/Clodagh Kilcoyne
Oct 21 (Reuters) – Alphabet Inc-owned Google (GOOGL.O) said on Thursday it is lowering the fee that subscription-based apps need to pay Play Store to 15% right from day one, following criticism about its fee structure from companies such as Spotify (SPOT.N).
Currently, developers pay a 30% subscription fee in the first year, and 15% thereafter.
“We’ve heard that…
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