Google said it planned to lower the cut it takes on subscription-based apps in its Play Store for devices running its Android software, in the latest concession to regulatory pressure challenging whether the company has overcharged developers.
In a blog post on Thursday, Google said it would reduce its commissions on subscriptions for apps that users pay through its Play Store to 15 percent. Currently, Google takes a 30 percent cut for the first year of subscriptions and then lowers the rate…
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