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by shuckles 878 days ago
Having a $100k bond to get a license to provide professional services is pretty common in other industries.
1 comments

As 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.
30% app store cut is also similar to a VAT.
True, but instead of providing education, healthcare and a social safety net, Apple just makes some phones.

Good business if you can swing it!