Apple faces $1 billion UK lawsuit by apps developers over app store fees

FILE PHOTO: The Apple Inc logo is seen at the entrance to the Apple store in Brussels, Belgium July 2, 2021. REUTERS/Yves Herman/File Photo

BRUSSELS (Reuters) - Apple on Tuesday found itself the target of a 785-million-pound ($1 billion) class action lawsuit brought by more than 1,500 apps developers in the UK over its App Store fees.

Apple's services business, which includes the App Store, has seen revenues grow at a rapid pace in the last few years and now hovers around $20 billion per quarter.