The detractors have a point – the Apple App Store has attained excessive power in the marketplace. Companies have no choice but to accept Apple’s terms to get access to the more than 1.5 billion iOS devices in active use and the 500 million people who use the App Store on a weekly basis. Antitrust laws were designed to ensure vigorous competition and protect consumers from harmful anti-competitive business practices. And the Apple App Store’s onerous practices fit that bill. — AFP Relaxnews
And it begins. Apple Inc now officially faces a double threat on the regulatory front.
On June 16, the European Union announced it has opened two formal antitrust investigations into the tech giant to see if the company has broken competition laws with its App Store and Apple Pay services.
Subscribe now and receive FREE sooka plan for 1 month.
T&C applies.
