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U.S. senators question Apple and Google on app store dominance

A panel of U.S. senators questioned officials from Apple Inc (AAPL.O) and Alphabet Inc’s (GOOGL.O) Google on Wednesday about the dominance of their mobile app stores and whether the companies abuse their power at the expense of smaller competitors.

Other app makers have complained that mandatory revenue sharing for sales of digital goods and strict inclusion rules amount to anti competitive behaviour.

Match pays nearly $500 million in fees to the app stores annually, the company’s single largest expense, Sine said-

“Apple has once again exploited its market power and dominance to condition our customers’ access to data on effectively breaking our user experience and directing our users to FindMy.”

Source: Reuters

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