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Apple, Google Get Billions From Their App Stores. That's Now Under Threat.
- Source :
-
Wall Street Journal - Online Edition . 12/13/2023, pN.PAG-N.PAG. 1p. - Publication Year :
- 2023
-
Abstract
- A recent court ruling against Google has raised concerns about the future of the app-store economy, which has been a major source of profit for both Apple and Google. The ruling stated that Google had operated an illegal app-store monopoly, and while Google plans to appeal, this decision adds to a series of challenges faced by the tech giants. Regulators in Europe, Asia, and the US have been passing laws that challenge the companies' control over third-party software on smartphones. Despite these challenges, analysts are divided on the potential financial impact on Apple and Google, as the changes are expected to take years to fully play out. [Extracted from the article]
Details
- Language :
- English
- Database :
- Academic Search Index
- Journal :
- Wall Street Journal - Online Edition
- Publication Type :
- News
- Accession number :
- 174199690