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The Nexus
BUSINESSJul 8 · 03:00 UTCPOLITICO EUROPEStephen Tulip, United Kingdom country manager, Association for Competitive Technology

Billionaire companies want to pull up the ladder behind them

The app economy in Europe grew from €10 billion in 2013 to €290 billion in 2022, creating 1.8 million jobs. Billion-dollar mobile app companies are lobbying to alter the app store ecosystem, arguing against fees while advocating for weaker security measures. The Competition and Markets Authority (CMA) is reviewing ways to expand developer options but faces pressure to avoid dismantling the existing market structure.

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