App Dominance Curb
Japan enacts law to curb Apple and Google's app dominance.
Japan's parliament has enacted a law to restrict Apple and Google's control over app stores. This legislation prevents these tech giants from blocking third-party apps and prioritizing their own services in search results. ๐ฑโ๏ธ
Set to take effect by the end of 2025, the law aims to boost competition and innovation. Violations will result in fines of up to 30% of domestic revenue. Modeled after EU regulations, this move seeks to ensure fair competition in the tech industry.
How will this reshape the app market? ๐ค
Source: @KyodoNews
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