FTC mulls investigation into Apple’s 30% cut of streaming music subscriptions on App Store

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Earlier this week Spotify sent out an email blast to its iOS subscribers advising them to stop paying for their subscriptions via the App Store to save money and avoid Apple’s fees. A report from Reuters today says that the US Federal Trade Commission is “looking at” the issue after meetings with “concerned parties.” When you sign up for a subscription in an app like Spotify directly on your phone, Apple takes a 30 percent cut. Some companies absorb that cost while others, like Spotify, add 30 percent to the normal price. The FTC hasn’t launched an official investigation yet,…

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