III. Open up app stores: 30% of every dollar spent on app-based digital subscriptions is claimed by two companies, #Google the mobile duopoly. This #AppStoreTax is a pure transfer from news to tech. The EU's #DigitalMarketsAct and the proposed US #OpenAppMarketsAct are both designed to kill the app store tax. Dropping mobile payment processing fees from 30% to the industry standard 2-5% will instantaneously make increase the revenue from every subscriber by 25% or more.
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#google #appstoretax #digitalmarketsact #OpenAppMarketsAct