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UK regulator proposes easing Apple, Google app store payment rules

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#competition#technology#regulation#payments#apps
UK regulator proposes easing Apple, Google app store payment rules
⚡ TL;DR · AI summary

Britain's Competition and Markets Authority has proposed changes that would let app developers direct users to alternative payment methods outside Apple and Google's app stores. The proposals would require any steering fees to be fair, lower than existing commissions, and to benefit consumers or innovation. The regulator is also considering mandating Apple to open its NFC technology for contactless payments within iOS apps.

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Channel NewsAsia
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