Apple opens up its App Store to competition in Japan [TechCrunch]
Apple Inc. (AAPL)
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Source: TechCrunch
The iPhone maker is not making these changes because it wants to be more open; it's being forced — in this case, to comply with the country's Mobile Software Competition Act (MSCA), which is now going into effect. With this update , Apple's App Store revenues are being impacted in another major market due to anticompetition laws and regulations. The company already has to comply with Europe's Digital Markets Act (DMA), which previously required the tech giant to allow for alternative app stores and other changes. In the U.S., Apple has been strong-armed into changing its in-payments system by way of the courts , after a lawsuit from Fortnite maker, Epic Games. Though it was not declared a monopoly, the court decided Apple needed to give developers the right to process payments outside of its system if they chose. (The specifics around that order are still being worked out after an appeal partially reversed an earlier ruling. As usual, in its announcement about the changes in Jap
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- Apple Loosens iOS Grip in Japan [Yahoo! Finance]Yahoo! Finance
- Improve your music streaming quality in minutes [FOX News]FOX News
- Apple opens up its App Store to competition in Japan [Yahoo! Finance]Yahoo! Finance
- Apple's foldable iPhone could face shortages early on, analyst says [Seeking Alpha]Seeking Alpha
- Apple announces changes to iOS in Japan [Yahoo! Finance]Yahoo! Finance
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