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The Luxembourg-based Court of Justice of the European Union (CJEU) on Tuesday ruled that Apple Inc. (AAPL) can be sued in a Dutch court over allegedly excessive app store fees.
According to a Reuters report citing the CJEU, the ruling comes after a Dutch tribunal sought clarity from the court over a case brought by two foundations, namely, Stichting Right to Consumer Justice and Stichting App Stores.
The two groups stated that the app store fees that Apple charges for third-party apps are excessive and hurt users. They added that these practices point to Apple’s unlawful abuse of its dominant position.
Apple shares were down nearly 0.2% in Tuesday’s pre-market trade. Retail sentiment on Stocktwits around the company trended in the ‘bullish’ territory at the time of writing.
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