How America could lead the next era of digital innovation

SEATTLE – Two operating systems, Apple iOS and Google Android, dominate the mobile app ecosystem, and over the last decade, a worldwide consensus has emerged on two issues. First, these platforms have amassed significant, persistent market power with which to extract monopoly rents from consumers and business users, and they frequently act anti-competitively and abusively to protect it. Second, traditional enforcement under existing abuse-of-dominance and monopolization statutes has been too slow and too uncertain to deter these mega firms, which command resources and power exceeding those of many countries and governments. While traditional enforcement of existing competition laws has produced some significant cases in the United States, Europe, Brazil, and elsewhere, there have also been new legislative efforts. Laws have been passed, or are being considered, in various jurisdictions around the world, each with the goal of reining in the power and abuses of Big Tech. Even in the US, there was bipartisan support for the Open App Markets Act in 2022. That year, the bill made significWeiter zum vollständigen Artikel bei Korea Times Weiter zum vollständigen Artikel bei Korea Times