Apple for purchases in Match’s apps, which include Tinder, Hinge and OkCupid — fees the company claims are on an annual run rate of $500 million.
Starting in September, Google also will force Match to pay the same commission rate on apps distributed via the Google Play store.The two tech giants have a stranglehold on the app economy, according to Jared Sine, Match Group’s chief business affairs and legal officer.
And their grip has become as damaging to the American economy as those of the oil barons, railroad tycoons and Ma Bell of years past, he testified at a Senate Judiciary Committee hearing in April. “Apple and Google,” Sine asserted, “are using their monopoly power to dictate how apps operate, how much they will be forced to pay and,.
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