ABSTRACT

Open App Markets Act [June 8, 2022]   [open pdf - 837KB]

From the Document: "Efforts to reform competition law proceed at different levels of generality. Some bills [hyperlink] would tackle [hyperlink] antitrust writ large. Others are more focused [hyperlink], applying special rules [hyperlink] to a handful of Big Tech companies [hyperlink]. The Open App Markets Act (OAMA) is narrower still, targeting one segment of the digital economy-- mobile software application (app) stores--with sectoral regulation. While limited in scope, the legislation would reshape key technology markets. Last year, the two largest app stores--Apple's App Store and Google Play--generated combined sales of $133 billion, which reportedly contributed a fifth of the operating profits [hyperlink] at Apple and at Google parent Alphabet. The OAMA (S. 2710 [hyperlink], H.R. 5017 [hyperlink], and H.R. 7030 [hyperlink]) would require these firms to make major changes to their business practices in the name of protecting app developers and consumers from alleged abuses of monopoly power. This Sidebar provides an overview of S. 2710 [hyperlink], a version of the OAMA which the Senate Judiciary Committee advanced with amendments in February 2022."

Report Number:
CRS Legal Sidebar, LSB10752
Author:
Publisher:
Date:
2022-06-08
Copyright:
Public Domain
Retrieved From:
Congressional Research Service: https://crsreports.congress.gov/
Format:
pdf
Media Type:
application/pdf
URL:
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