Apple's Recent Policy Change in the EU Allows Rival App Stores

Wednesday, 13 March 2024, 04:59

Apple has announced a significant change in its policy for the EU by permitting software developers to sell apps through their own platforms, complying with the Digital Markets Act. While this move aims to level the playing field for smaller competitors, Apple still maintains control by setting terms and charging fees. The decision comes amidst Apple's challenges in the Chinese market and competition in AI development, affecting its position as the world's most valuable company.
https://store.livarava.com/ee089b94-e1a7-11ee-966b-5254a2021b2b.jpe
Apple's Recent Policy Change in the EU Allows Rival App Stores

Apple's Concession in Europe

Apple has now made changes to allow software developers in the EU to sell apps through their own channels, in compliance with the Digital Markets Act.

Impact of the New Policy

  • Control: While Apple opens up sales, it retains control by setting terms and charging fees, potentially impacting revenue streams.
  • Competition: The move is meant to create a more level field for smaller rivals in the tech industry.
  • Challenges: Apple's struggles in the Chinese market and AI product development have influenced this decision.

This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


Related posts


Newsletter

Get the most reliable and up-to-date financial news with our curated selections. Subscribe to our newsletter for convenient access and enhance your analytical work effortlessly.

Subscribe