A panel of U.S. senators questioned officials from Apple Inc and Alphabet Inc's Google on Wednesday about the dominance of their mobile app stores and whether the companies abuse their power at the expense of smaller competitors. In his testimony, Match's Sine argued that Google and Apple both exact an onerous 30% of any digital transaction, raising prices for consumers. Match pays nearly $500 million in fees to the app stores annually, the company's single largest expense, Sine said. Spotify and Match said Apple's app review process was opaque. Tile General Counsel Kirsten Daru testified Apple's FindMy program is installed by default on Apple phones and cannot be deleted.

Source: Hindustan Times April 22, 2021 00:33 UTC