The Yomiuri Shimbun
17:28 JST, April 27, 2024
The question of how to rectify the adverse effects caused by the tech giant oligopoly has become a global issue. The government must use new legislation to create a fair and competitive environment.
The government approved at a Cabinet meeting a bill to impose regulations on tech giants to encourage competition in the smartphone software field. The government aims to implement the legislation by the end of 2025.
Companies to be subject to the envisioned regulations will be decided after the bill is passed, but Apple Inc. and Google LLC are expected to be among those kept in mind. The two giants hold an oligopoly in the smartphone operating systems market. In addition, the app store market — which offers games and other products —........