UK regulator proposes loosening Apple, Google app store payment rules

Alphabet Inc. Class A
Apple Inc.

Alphabet Inc. Class A

GOOGL

0.00

Apple Inc.

AAPL

0.00

LONDON, June 30 (Reuters) - Britain's competition regulator on Tuesday proposed allowing app developers to steer users to alternative payment options outside Apple AAPL.O and Google's GOOGL.O app stores to cut fees and boost competition.



This page is machine-translated. Sahm tries to improve but does not guarantee the accuracy and reliability of the translation, and will not be liable for any loss or damage caused by any inaccuracy or omission of the translation. *Disclaimer: The above content only represents the author's personal position and opinion and does not represent any position of Sahm Capital Financial Company and Sahm cannot confirm the authenticity, accuracy, and originality of the above content. Investors should consider the risks of investment products in light of their circumstances before making any investment decisions. When necessary, please consult a professional investment advisor. Sahm does not provide any investment advice, nor does it make any commitments and guarantees.