Information: Japan Enacts Regulatory Law to target Apple and Google Smartphone Dominance in the Marketplace -
Japan is the most recent nation to pass a law which target businesses like Apple Inc. along with Google LLC from limiting third-party companies that want to sell and market their own apps for Google as well as Apple devices.
As per Kyodo News, "The law prohibits the developers of the Apple's iOS as well as Google's Android smartphones operating systems, apps stores and payment platforms from preventing the sale of apps or services directly competing with native platforms." This will prevent the platform providers from "gatekeeping" as well as causing greater competition between their own apps as well as other applications on the platforms.
Although Japan's current antimonopoly law imposes fines of 6% of revenues earned by anticompetitive practice, punishments in this more specific law are 20% of the domestic revenue earned from services that are in violation of this law, increasing by 30% if violations aren't stopped.
The new law is anticipated to be in effect in 2025, which Kyodo News points out is similar to one of the EU's recent regulations (presumably the European Union's Digital Markets Act).
Kyodo News also reports that both Apple as well as Google have issued statements concerning their continuing involvement with Japanese regulators.
The earlier report from Kyodo News regarding the regulation being first passed by Japan's Cabinet stated that it had voted to approve the rule as "a move to contest the duopoly monopoly imposed by the industry bigwigs Apple Inc. as well as Google LLC," and that this regulation shows the Japanese government's determination to work with the EU when it comes to enacting regulations "of Big Tech firms such like Apple, Google and Amazon.com Inc. and Google Inc., who have come to exert an enormous influence on digital services around the world."
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