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It’s adding options to developers, not necessarily to users. The Apple and Google payment systems were in effect a market driven standards, now we’ll have a so
by xondono 5y ago
It’s adding options to developers, not necessarily to users.
The Apple and Google payment systems were in effect a market driven standards, now we’ll have a soup of systems on a race to the bottom on a very sensitive part of the ecosystem.
- commoner 5y agoApple and Google have a duopoly (an inefficient market) on mobile platforms, which is how they were able to enforce anti-competitive restrictions to sustain their 30% fee for so long. This new law opens up the mobile payment processing market to more competitors, which will drive prices downward to benefit users, developers, and competitors at the expense of Apple and Google.