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Here’s how India can take a cue from US and S. Korea and regulate the app store market

The existing app store policies of Google and Apple have invited criticism from stakeholders while it appears that India has much to learn from other countries addressing these antitrust issues.  Apple and Google are facing multiple legal and regulatory challenges across the world with respect to their app store practices. The main allegations against these companies are that they charge high commissions and impose unreasonable restrictions on app developers that harm competition. To address this, the US and South Korea have introduced new bills, which if passed, will upend the world of apps and cause a huge dent in the revenues of Apple and Google. As the largest open market for app developers and as the home to one of the largest communities of app developers, India should take a cue from the proposed legislation and formulate its own regulation…

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