• bitcoinBitcoin(BTC)$80,490.00-0.67%
  • ethereumEthereum(ETH)$2,577.55-2.01%
  • tetherTether(USDT)$1.00-0.01%
  • binancecoinBNB(BNB)$750.18-1.80%
  • rippleXRP(XRP)$1.38-3.51%
  • usd-coinUSDC(USDC)$1.00-0.01%
  • solanaSolana(SOL)$108.76-3.38%
  • tronTRON(TRX)$0.3402660.70%
  • zcashZcash(ZEC)$1,456.79-5.89%
  • Figure HelocFigure Heloc(FIGR_HELOC)$1.02-1.50%
  • HyperliquidHyperliquid(HYPE)$91.10-1.02%
  • dogecoinDogecoin(DOGE)$0.085384-2.53%
  • moneroMonero(XMR)$522.46-9.11%
  • whitebitWhiteBIT Coin(WBT)$81.87-1.62%
  • USDSUSDS(USDS)$1.00-0.01%
  • RainRain(RAIN)$0.0134910.83%
  • chainlinkChainlink(LINK)$12.00-3.00%
  • cardanoCardano(ADA)$0.220659-1.89%
  • leo-tokenLEO Token(LEO)$8.900.09%
  • stellarStellar(XLM)$0.191051-2.45%
  • uniswapUniswap(UNI)$8.89-1.14%
  • bitcoin-cashBitcoin Cash(BCH)$247.360.17%
  • Ethena USDeEthena USDe(USDE)$1.00-0.01%
  • daiDai(DAI)$1.00-0.02%
  • nearNEAR Protocol(NEAR)$3.48-5.88%
  • litecoinLitecoin(LTC)$57.21-0.76%
  • USD1USD1(USD1)$1.00-0.01%
  • avalanche-2Avalanche(AVAX)$9.5912.90%
  • CantonCanton(CC)$0.105242-4.27%
  • the-open-networkGram (prev. Toncoin)(GRAM)$1.380.98%
  • MemeCoreMemeCore(M)$1.5922.43%
  • hedera-hashgraphHedera(HBAR)$0.0808612.04%
  • suiSui(SUI)$0.820.02%
  • Global DollarGlobal Dollar(USDG)$1.000.00%
  • shiba-inuShiba Inu(SHIB)$0.000005-0.59%
  • crypto-com-chainCronos(CRO)$0.058740-0.31%
  • BittensorBittensor(TAO)$254.38-0.52%
  • paypal-usdPayPal USD(PYUSD)$1.00-0.02%
  • tether-goldTether Gold(XAUT)$4,368.58-0.13%
  • Circle USYCCircle USYC(USYC)$1.140.00%
  • okbOKB(OKB)$115.93-0.26%
  • Ripple USDRipple USD(RLUSD)$1.00-0.02%
  • BlackRock USD Institutional Digital Liquidity FundBlackRock USD Institutional Digital Liquidity Fund(BUIDL)$1.000.00%
  • Ondo US Dollar YieldOndo US Dollar Yield(USDY)$1.150.04%
  • aaveAave(AAVE)$137.93-3.70%
  • AsterAster(ASTER)$0.74-4.65%
  • OndoOndo(ONDO)$0.4088662.24%
  • EthenaEthena(ENA)$0.19556911.75%
  • mantleMantle(MNT)$0.59-3.14%
  • pax-goldPAX Gold(PAXG)$4,360.84-0.15%
TradePoint.io
  • Main
  • AI & Technology
  • Stock Charts
  • Market & News
  • Business
  • Finance Tips
  • Trade Tube
  • Blog
  • Shop
No Result
View All Result
TradePoint.io
No Result
View All Result

In the shadow of the antitrust laws | The DeanBeat

July 12, 2024
in AI & Technology
Reading Time: 5 mins read
A A
In the shadow of the antitrust laws | The DeanBeat
ShareShareShareShareShare
GamesBeat is excited to partner with Lil Snack to have customized games just for our audience! We know as gamers ourselves, this is an exciting way to engage through play with the GamesBeat content you have already come to love. Start playing games here. 

Game developers dwell in the shadow of the giants. It almost sounds like a dramatic setting for a video game.

This week, we’ve seen more of that. Apple just agreed to end its monopoly on its iOS platform for payment services in the European Union. It will now allow payment companies to use the tech behind Apple pay to create rival payment services as part of a settlement with EU regulators.

YOU MAY ALSO LIKE

How Long Can You Expect Your Old Cassette Tapes To Last?

How To Record Audio On Your iPhone

The deal only applies in the European Union, which earlier this year allowed alternative app stores and web shops to open in competition with the stores of the “gatekeeper” companies such as Apple and Google. That was a result of the EU’s Digital Markets Act, and now another practice considered monopolistic is also coming to an end.

Until now, Apple refused to grant rivals access to the iPhone’s “near-field communications,” or NFC tech that enables people to tap the phone to a payment reader and quickly pay via Apple Pay. This “tap and go” tech adds convenience to rival payment services that could open up competition.


Lil Snack & GamesBeat

GamesBeat is excited to partner with Lil Snack to have customized games just for our audience! We know as gamers ourselves, this is an exciting way to engage through play with the GamesBeat content you have already come to love. Start playing games now!


Much of this crusade against Apple’s monopoly was argued in court during the Epic Games vs. Apple antitrust trial. Epic only one a tiny part of that case — the right to advertise lower prices in alternative app stores — but the EU picked up much of its cause and has restricted Apple’s behavior in Europe. We’ll see if it leads to further worldwide antitrust actions.

A great move by the European Commission and by Apple that will benefit all Europeans. Too bad companies and citizens of all of the world’s other countries excluded from the open payment tech commitments. https://t.co/xc0yrkSqgX

— Tim Sweeney (@TimSweeneyEpic) July 11, 2024

For game developers, this is a good thing as we’re heading toward a more open world in the tech space. There is still a long way to go, as the giant platforms cast a long shadow when it comes to monopoly power. For the most part, game developers are still paying 30% of every dollar they make to platform hosts.

Capitol fighting in Call of Duty: Black Ops 6.

As we watch Apple’s rearguard effort to preserve its 30% take and its monopoly, we should also be wary of other moves.

This week, Microsoft said it would raise prices for its Xbox Game Pass subscription services for both Xbox and PC games starting in September.

This is one of the consequences of consolidation in the market, and Microsoft’s successful $68.7 billion acquisition of Activision Blizzard, which owned, among many other games, the Call of Duty franchise.

The price increase is like the other shoe dropping. In June, Microsoft showed us a dazzling array of games coming for the Xbox and Windows PC. And this is the other half of the news: You gotta pay for it.

Before the acquisition deal closed, the Federal Trade Commission sued Microsoft for antitrust violations, as it believed that Microsoft could take the multiplatform Call of Duty franchise and make it exclusive to Microsoft’s game platforms, leaving Sony, Steam, and Nintendo out in the cold. That would have been a harm for the consumers on those platforms, the FTC argued. The FTC lost, as antitrust law is really meant to protect consumers, not companies who are rivals.

Xbox Game Pass Ultimate

Now Microsoft has introduced a byzantine range of prices for its subscriptions. The net result could very well be a bad price increase for consumers — the very thing that the FTC sought to avoid through its lawsuit.

Xbox Game Pass Ultimate subscribers will pay $20 a month on September 12, a $3 increase over the current $17 a month price. The $20 price includes “day-one” titles such as Call of Duty: Black Ops 6, which arrives this fall. Players who opt out of getting those “day-one” titles will pay a few dollars less.

For gamers, it’s an interesting calculation. If they’re going to play a lot of brand new games and big titles like Call of Duty, they may as well pay for the Xbox Game Pass Ultimate and get Call of Duty for a few bucks extra instead of the $60 or $70 prices they might pay for the standalone title.

Microsoft is drawing attention to its practices with its price increase and that could cast a shadow over the rest of the industry. Gamers have taken notice, and they’re pretty pissed that Microsoft would shoot itself in the foot again in this way. This move could also stir the FTC’s antitrust activism again, and so Microsoft should tread carefully. If I were Microsoft, I wouldn’t think about raising prices for gamers.

We don’t need more than one Apple to cast such a large shadow over games.

VB Daily

Stay in the know! Get the latest news in your inbox daily

By subscribing, you agree to VentureBeat’s Terms of Service.

Thanks for subscribing. Check out more VB newsletters here.

An error occured.

Credit: Source link
ShareTweetSendSharePin

Related Posts

How Long Can You Expect Your Old Cassette Tapes To Last?
AI & Technology

How Long Can You Expect Your Old Cassette Tapes To Last?

September 20, 2026
How To Record Audio On Your iPhone
AI & Technology

How To Record Audio On Your iPhone

September 20, 2026
What Is The Difference Between Apple CarPlay And CarPlay Ultra?
AI & Technology

What Is The Difference Between Apple CarPlay And CarPlay Ultra?

September 19, 2026
OpenClaw Releases 2026.9.5 With Atomic Updates, Plugin Hot Reload, Conversation Sharing, and Expanded GPT Live
AI & Technology

OpenClaw Releases 2026.9.5 With Atomic Updates, Plugin Hot Reload, Conversation Sharing, and Expanded GPT Live

September 19, 2026
Next Post
Fastenal Company (FAST) Q2 2024 Earnings Call Transcript

Fastenal Company (FAST) Q2 2024 Earnings Call Transcript

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Search

No Result
View All Result
Trump pays tribute to the thousands who died on 9/11

Trump pays tribute to the thousands who died on 9/11

September 13, 2026
Janus Henderson Mortgage-Backed Securities ETF Q2 2026 Commentary (NYSEARCA:JMBS)

Janus Henderson Mortgage-Backed Securities ETF Q2 2026 Commentary (NYSEARCA:JMBS)

September 17, 2026
Carney Calls for Global Tech Body to Boost AI Guardrails

Carney Calls for Global Tech Body to Boost AI Guardrails

September 16, 2026

About

Learn more

Our Services

Legal

Privacy Policy

Terms of Use

Bloggers

Learn more

Article Links

Contact

Advertise

Ask us anything

©2020- TradePoint.io - All rights reserved!

Tradepoint.io, being just a publishing and technology platform, is not a registered broker-dealer or investment adviser. So we do not provide investment advice. Rather, brokerage services are provided to clients of Tradepoint.io by independent SEC-registered broker-dealers and members of FINRA/SIPC. Every form of investing carries some risk and past performance is not a guarantee of future results. “Tradepoint.io“, “Instant Investing” and “My Trading Tools” are registered trademarks of Apperbuild, LLC.

This website is operated by Apperbuild, LLC. We have no link to any brokerage firm and we do not provide investment advice. Every information and resource we provide is solely for the education of our readers. © 2020 Apperbuild, LLC. All rights reserved.

No Result
View All Result
  • Main
  • AI & Technology
  • Stock Charts
  • Market & News
  • Business
  • Finance Tips
  • Trade Tube
  • Blog
  • Shop

© 2023 - TradePoint.io - All Rights Reserved!