Apple's warning to the Australian government criticizes potential regulation similar to the EU's Digital Markets Act (DMA). This act addresses Big Tech's lock-in power by promoting interoperability, allowing users to escape from monopolistic platforms without losing their digital memories. It also empowers small businesses by permitting independent payment processing, reducing the significant commission Apple takes on transactions. Additionally, the DMA mandates options for sideloading apps, enabling consumers to access alternative app stores, thereby challenging Apple's restrictive policies and high fees.
The Digital Markets Act (DMA) offers interoperability rules enabling users to escape the lock-in of tech giants while allowing small businesses to process their own payments.
With the DMA, the EU challenges Apple's payment practices that often take a large commission on every transaction, highlighting their excessive profit margins.
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