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Having a $100k bond to get a license to provide professional services is pretty common in other industries.
by shuckles 3y ago
Having a $100k bond to get a license to provide professional services is pretty common in other industries.
- lozenge 3y agoAs a government regulation, yes, you might need some liability insurance if you want to sell food for example. Apple is acting like it's a government here.
- anticensor 3y ago30% app store cut is also similar to a VAT.
- lozenge 3y agoTrue, but instead of providing education, healthcare and a social safety net, Apple just makes some phones. Good business if you can swing it!