I alwayse check this before downloading apps because i dont want apps to spy on me. And what i noticed in practise is that usualy payd apps offten dont collect any data and even if they do its less data than free apps.
So obviusly they collect that data to sell it and to make money that way. And if you think only big companies for advertising buy that data you are wrong.
Gowermants, secret organizacions and milioners who want to control your life is bying that data the most.
That’s why I have almost no social media. but I had to choose between apple and google so right now only google has all my personal information, habits, location, interests etc…