Australian Competition Regulator Warns Google, Apple Over App Store Duopoly

Australian Competition and Consumer Commission have complained that Apple Inc (AAPL) and Alphabet Inc's Google (GOOGL) have restricted consumers from using their choice of applications on their devices.

"Apple and Google's stores are the gateways between consumers and app developers, and it is true that they provide considerable benefits to both groups. But there are significant issues with how this market is operating" said Rod Sims, head of ACCC.

Sims claimed that the tech giants control their own marketplace and does not allow competitors a window to operate. Sims also suggested that the companies must give more information to the app developers about how their apps are going to reach the general audience, while the consumer should have the last say on which app they should use.

Apple and Google should also be prevented from using information collected by third-party apps for advantage of their own competing apps, added Sims.

Sims also hinted towards introducing reforms if the changes do not take place. "The ACCC will also take into account significant proposals and law changes in other countries which have identified similar concerns. Regulation may be required if Apple and Google fail to take steps to address the concerns identified," added Sims.

For comments and feedback contact: editorial@rttnews.com

Business News

Editors Pick
Hedge-fund billionaire William Ackman's Pershing Square Tontine Holdings Ltd. (PSTH) agreed to acquire 10% of Universal Music Group from French media conglomerate Vivendi (VIV.L, VIVEF.PK) for about $4 billion, the companies said in a statement on Sunday. The 737 MAX 10, Boeing Co.'s largest 737 Max model, is taking its maiden flight today, reports said citing people familiar with the matter. The flight after months of testing and certification will be around 10 a.m. local time from the Seattle area. The schedule could change depending on weather or other factors. Meanwhile, the jetliner is expected to enter commercial service in 2023. Medical devices supplier Smiths Medical, affiliated to Smiths Group plc, is recalling certain Jelco Hypodermic Needle-Pro Fixed Needle insulin syringes with skewed graduation markings, the U.S. Food and Drug Administration said. The recall was initiated after the company became aware of specific models and lots of Jelco insulin syringes that may exhibit skewed odd number line graduation markings.
Follow RTT