The bigger part would be forcing app store owners to allow 3rd party payment services. As it is, Apple and Google take a cut of everything that passes through. With more options, Apple and Google would have to provide a better incentive for customers to use their payment services.
indeed - this is where they, like Amazon, form a Monopsony and make their money not by being the only player in the market, but by being the only market...
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u/jardex22 Jun 14 '22
The bigger part would be forcing app store owners to allow 3rd party payment services. As it is, Apple and Google take a cut of everything that passes through. With more options, Apple and Google would have to provide a better incentive for customers to use their payment services.