Information: Japan Enacts Regulatory Law Targeting Apple and Google Smartphone Market Dominance
Japan is the most recent nation to pass a law that target companies like Apple Inc. along with Google LLC from limiting third-party firms that are seeking to sell and market their own apps for Google and Apple devices.
According to Kyodo News, "The legislation will bar the makers of the Apple's iOS as well as Google's Android smartphone operating systems, app stores and payment services from blocking the sales of applications and services that directly compete against the native platform's." This is to stop the platforms from "gatekeeping" while also forcing to create more competition between their applications and those of other platforms.
The current Japan antimonopoly law provides fines of 6 percent on profits earned by anticompetitive practice, penalties in this new law are more precise. They're 20% on the revenues earned from services that are in violation of this law, increasing by 30% if illegal practices continue to exist.
The new law is anticipated to be in effect in 2025, which Kyodo News points out is like one of most recent EU rules (presumably that of the EU's Digital Markets Act).
Kyodo News also reports that both Apple and Google have issued statements concerning their continuing engagement in partnership with Japanese regulators.
A previous article in Kyodo News regarding the regulation that was first approved by Japan's Cabinet stated that it had voted to approve the law as "a attempt to challenge the duopoly exerted by the industry bigwigs Apple Inc. as well as Google LLC," and said that the regulation demonstrates the Japanese government's intention to join with the EU by enacting further rules "of Big Tech firms such like Apple, Google and Amazon.com Inc., which have come to exert an enormous influence on digital services across the globe."
Similar Reading
About
