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Amy Klobuchar on Apple and Wednesday’s app store hearing – Source fastcompany.com

Executives from Apple and Google will testify in front of Congress on Wednesday, and are likely to face tough questioning about the way they manage their respective app stores.

Apple’s chief compliance officer Kyle Andeer and Google’s senior director of government affairs Wilson White will appear in front of the Senate Judiciary Committee’s antitrust subcommittee, which is chaired by Democrat Amy Klobuchar of Minnesota.

The hearing comes as Congress readies legislation that could revamp antitrust law to better deal with 21st century monopolies, and better arm government agencies to enforce the law.

The main topic of discussion will be the revenue sharing requirement imposed by the app stores on developers. Larger developers must pay 30% of their app or subscription revenue to Apple or Google during the first year of inclusion in their respective app stores. Many developers, whether they’ll say so publicly or not, think the 30% fee is onerous. Some have spoken out, including…

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Source : fastcompany.com

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