Magazine

Google and Apple Pleads with US Over Antitrust Regulation

Posted on the 10 August 2023 by Maxiel

Google and Apple Pleads with US Over Antitrust Regulation.

The antitrust regulation would have serious effect on the application stores and search which leaves both Apple and Google pleading to the US lawmakers not to pass it.

The two companies are on their toes as the congress brings out antitrust proposals.

If passed, both Apple and Google would face setback as regard lucrative application stores commission fees.

However, over fourty companies have shown their support for the said proposal, Y combinator, search engine DuckDuckGo, Q&A website Quora, and Silicon Valley startup factory inclusive.

Although the companies are trying their best to remain defensive against the antitrust legislation that is reported to be sponsored by Democratic Sen. Amy Klobuchar of Minnesota.

If the two bills should make it to the congress, there is obviously no solution to the lossess both Apple and Google would face which is also going to be massive.

Also Read: Brian Chesky Relocates to "Airbnb Somewhere'

Tim Powderly had earlier warned that the Open Markets Act would put the safety of the customers at risk. The act was originally revealed in June.

This came out from the letter addressed to Klobuchar on Tuesday as reported by Bloomberg.

The senior director of Apple made it clear enough before this said time.

"After a tumultuous year that witnessed multiple controversies regarding social media, whistleblower allegations of long-ignored risks to children, and ransomware attacks that hobbled critical infrastructure, it would be ironic if Congress responds by making it much harder to protect the privacy and security of Americans' personal devices," Tim wrote.

On the other hand, Kent Walker, the Legal chief of Google, on Tuesday posted a blog too.

In his post, he gave warnings to the app store regulations and the American innovation and choice Online Act will handicap the leaders of America's technology.

He made it known that this act could in turn become a threat to the National Security of America.

He further advised that America lawmakers should not hurry in making this decision.

"An 'innovation by permission' requirement could force American technology companies to get approval from government bureaucrats before launching new features or even fixing problems, while foreign companies would be free to innovate." He wrote.

Read more articles @learnallpro.com


Back to Featured Articles on Logo Paperblog