Japan’s parliament enacted Wednesday a law to promote competition in smartphone app stores by restricting tech giants Apple Inc. and Google LLC from limiting third-party companies from selling and operating apps on their platforms. The law will prohibit the providers of Apple’s iOS and Google’s Android smartphone operating systems, app stores and payment platforms from preventing the sale of apps and services that directly compete with the native platforms’ own. The change is aimed at stopping the dominant players from gatekeeping and forcing them to engage in price competition with smaller challengers in hopes of benefiting consumers and promoting innovation. The law will also prohibit th
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