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Because Meta, e.g., will pull its apps out of the App Store and only offer them through its own store. And of course those apps will be just jam-packed with fun, invasive tracking features that Apple never allowed.
When did Meta say that?
 
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It's going to be a nightmare. Multiple stores for multiple apps. Netflix will want a store so that it can showcase its main app, its gaming app, its whatever-is-next app. And you'll be forced to download the store otherwise you cannot access Netflix on iPhone.

Producers will want to showcase a plethora of services on their own terms. Amazon store, too: main Amazon app, the Gaming app, the Prime Video app, the whatever-else-they-do app. It's going to be a hot mess of fragmentation, uneven quality, differing policies, different aesthetics, customer service... How in the world consumers benefit is beyond me.

And, mark my words, there will be a large increase in scams and all sorts of financial issues that Apple will simply not be able to help you with because you won't be an Apple customer but a customer of some company registered abroad.

Just as with the EU's GDPR and cookie regulations, it will become unfriendly and annoying to consumers and not give them any substantive benefit.
 
It’s regulation to allow competition. Governments have to install guidelines to establish a free market. That’s not something that emerges all by itself.
All these statements are mostly false.

Its a regulation to change the definition of a device and force a certain type of competition.

Free markets are the default in all societies with or without the government. Thats just what people naturally do unless someone is forcing otherwise.

It emerges all by itself in 99% of the cases.
 
The problem is Apple is just being an anticompetitive bully yet again. Only allowing this where it’s required by law. The rest of the world needs to do something now.

And I personally want to just download from Apple but I understand that some developers will bail on Apple completely. That will force people to get Facebook from an alternative App Store owned by Meta. Just think of all the App Stores coming up.
 
Now how do I make my phone? Does it have to be an EU iPhone? or VPN? or EU Apple ID?
 
Meta didn't, but there isn't a single reason it wouldn't do that. Spotify has already announced its intention to do the same.
I will be very surprised if big name apps completely pull out of the App Store. Especially if pulling out meant the app already installed on someone’s phone no longer works.
 
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Hopefully this will be implemented globally in the future
Watch what you ask for. There will soon be perhaps 4,000 or 6,000 app stores. Apple has made it so that anyone can build an app store in just a few hours.

Building an app store will be as easy as building a YouTube channel about cats. It is so easy to do this that no one makes money by posting cat videos anymore.

What I suspect will happen is that every app will be sold from its own store because everyone wants to avoid paying a fee to have their app in someone else's' store. Stores will have on average one or two apps.

Here is a taco analogy....

Let's say Apple invented the Taco. Everyone likes tacos and wants to eat them but they have to pay a premium amount because Apple is the only company who makes and sells tacos. The government says Apple has to share its taco-making secret. So they do even MORE than that. Apple decided to make and give away 10 million free taco carts so anyone could be a taco street vendor. Sounds very generous until you figure out that every one of those 10 million taco carts has to compete with others and this will drive prices through the floor to the point where accepting a "free" taco cart is financial suicide. None of those street vendors will make enough money to actually compete with the official "apple taco".
 
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