Google lowered the online price from US $4 per 1,000 map loads to 50¢ per 1,000 map loads. This is a 88% price drop.
This move from Google happened two weeks after Apple announced that will use it’s own map technology in iOS 6.
Thor Mitchell, Product Manager of Google Maps API announced the move. He also added that “We’re beginning to monitor Maps API usage starting today, and, based on current usage, fees will only apply to the top 0.35% of sites regularly exceeding the published limits of 25,000 map loads every day for 90 consecutive days. We aren’t automating the application of these limits, so if your site consistently uses more than the free maps allowance we’ll contact you to discuss your options. Please rest assured that your map will not stop working due to a sudden surge in popularity. ”
Many sites might want to use OpenStreetMap project instead of Google maps.
Who said that competition is bad?