Regulation may be needed for Apple, Google app stores if changes not made - Australian regulator


FILE PHOTO: Apple logo is seen on the Apple store at The Marche Saint Germain in Paris, France July 15, 2020. REUTERS/Gonzalo Fuentes

(Reuters) -Australia's competition watchdog said on Wednesday regulation may be required to address the significant market power app stores owned by Alphabet's Google and Apple have if they do not take steps to assuage concerns.

The global dominance of Apple's App Store and Google's Play Store has been criticised by some app makers for mandatory revenue sharing payments and strict inclusive rules by both companies.

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