Apple bends, aiming to avoid Big Tech regulation

Apple's recent concessions in profit sharing on its App Store are extraordinary but calculated to avoid harsher regulation, say industry experts. — REUTERS

Apple has unveiled major changes to its app store after years of criticism, as the Silicon Valley colossus tries to stave off a deeper, swelling effort to regulate Big Tech, experts said Thursday.

In a matter of days the company has announced long-demanded concessions after seeing investigations, lawsuits and rules pile up against what critics call an abuse of global dominance by Apple and other big firms.