Yahoo Finance's On The Move panel break down why more developers formed a coalition to fight Apple's App Store fees.

Video Transcript

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JULIE HYMAN: It's time for Word on the Street, where we check in with our panelists, find out what stories they are watching. The Coalition for App Fairness, it's a new organization trying to challenge Apple's App Store fees. Dan Howley, you've been watching this through the fight that we've been seeing between Epic Games and Apple, and now they have some partners.

DAN HOWLEY: Yeah, they're kind of gearing up to really do kind of a full court press in Washington against Apple specifically, but also Google. This is interesting just because they really do hammer Apple in their site. They list how much money Apple has made from the App Store, and it-- it really is coming down to, I think, the idea that Apple operates as a walled garden. Whereas Google, you can get a third-party app store download and then download apps through that.

That's something that Epic is now doing since Google banned "Fortnight" from their App Store as well as from Apple's App Store. But this is, again, kind of smelling blood in the water. They know that the FTC is looking at Apple. They know that the FTC is looking at Google. The DOJ is looking at both. The House Judiciary Committee is looking at both. States attorneys general are looking at both. So they really are kind of making sure that this message stays out there that they're unhappy with the 30% commissions.

On the flip side, they also-- you know, Apple will point out, and Google I'm sure as well, that they provide access to all of these users and the technologies behind them. So it, I think, will come down to kind of almost semantics at some point as which is offering more and which is getting more out of it. But certainly getting access to Apple's customers, which tend to spend more on apps, is nothing to sneeze at.