https://techmonitor.ai/policy/digital-economy/apple-loosens-grip-on-in-app-payments-as-competition-watchdogs-draw-close

Apple will allow certain app developers, including Netflix and Spotify, to direct users to their own websites to take payments, following an investigation by Japan’s Fair Trade Commission. Both Apple and Google face growing regulatory scrutiny for the commission they charge on in-app purchases of digital content and the limits they place on alternative payment mechanisms, which some developers argue constitute an abuse of market power.

Regulatory interventions – such as a bill passed in South Korea this week – could have far-reaching consequences for the tech giants’ business models, and the digital economy as a whole.