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Benzinga

Politics

Anusuya Lahiri

US Senate Votes On App Store Bill Targeted At Big Tech

United States Senate Judiciary Committee

The Senate Judiciary Committee voted on February 3 to approve a bill, Reuters reports.
The bill would rein in app stores of companies they said exert too much market control, notably Apple Inc (NASDAQ:AAPL) and Alphabet Inc's (NASDAQ:GOOGL) (NASDAQ:GOOG) Google.
The bill would prohibit big tech app stores from forcing providers to use their payment system.
Related Content: US Senate's Latest Antitrust Bill Targets Amazon, Apple, Google: CNBC
Price Action: AAPL shares traded lower by 0.42% at $175.12 on the last check Thursday.

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