Microsoft’s Brad Smith, taking a subtle hit at Apple’sApp Store, called for regulators to look into possible antitrust violations over the way companies are treating stores for those who want to distribute products.
Smith didn’t name Apple directly, but said that some stores were crafting very high barriers and “increasingly say there is only one way to get on to our platform and that is to go through the gate that we ourselves have created.”
“In some cases they create a very high price per toll — in some cases 30% of your revenue has to go to the toll keeper,” he said, speaking at a Politico event Thursday (June 18), according to Bloomberg.
Smith claims some stores are operating in far more flagrant violation of antitrust regulations than Microsoft itself had when it was found guilty of disadvantaging sellers more than 20 years ago.
Full Content: PYMNTS
Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.