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Google and Apple targeted in new competition crackdown on tech giants

The Australian government is intensifying its regulatory scrutiny on tech giants Google and Apple, focusing on their dominance in mobile app marketplaces. The Australian Competition and Consumer Commission (ACCC) has initiated a comprehensive investigation into these companies' practices, particularly their control over app distribution and in-app payment systems. This crackdown is part of a broader global movement to address the monopolistic behaviors of big tech firms, aiming to foster competition, reduce consumer costs, and enhance innovation. The ACCC's inquiry will explore how these tech giants leverage their market power to impose high fees on developers and restrict consumer choices, potentially leading to new regulations or fines to curb these practices.

Read the Full thenightly Article at:
[ https://thenightly.com.au/politics/australia/google-and-apple-targeted-in-new-competition-crackdown-on-tech-giants-c-16936204 ]