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Exploring Google's monopoly rent and the demand for an Indian app store after Google kicked off Indian apps from the Play Store. Discussing Google's control over app distribution, the 30% in-app payment commission, and the removal of 10 Indian apps. Analyzing the dilemma faced by Indian apps and potential solutions like establishing an Indian app store and a new app store by a UPI payments platform.
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- Google's monopoly rent on the Play Store raises concerns about unfair practices and high service fees.
- Emergence of an Indian App Store as a solution to challenge Google's dominance and promote competition in the market.
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Google's Monopoly Rent and Impact on Kuku FM
Google's dominance in the smartphone market through Android has enabled it to enforce monopolistic practices on the Play Store. By pre-installing its suite of apps on most devices, Google exerts control over app distribution, leading to concerns about unfair practices like charging a 30% commission on in-app payments. Kuku FM, with over 10 million downloads on the Play Store, faced the repercussions of Google's monopoly rent, potentially losing significant revenue to service fees imposed by the tech giant.
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Listen to the best highlights from the podcasts you love and dive into the full episode