Apple accused of ‘power grab’ in US Senate app store hearing

Andeer speaks via videoconference during a US Senate Judiciary Subcommittee hearing in Washington, D.C., US. Apple and Alphabet’s Google will come under close antitrust scrutiny from lawmakers concerned about the way both companies run the marketplaces that give consumers around the world access to millions of apps on handheld devices. — Bloomberg

Music-streaming service Spotify Technology SA and Match Group Inc, which operates online dating apps, accused Apple Inc of squeezing software developers that depend on its App Store to reach customers by extracting monopoly profits and squashing competition.

Executives from the two companies, along with Tile Inc, which makes a tracking device for consumers, urged lawmakers at a US Senate hearing on April 21 to tackle the dominance of Apple and Google over the digital marketplaces where users download apps.