Stores of value: regulators lean on app vendors

About this episode

<p>Apple and Alphabet operate what is in effect a smartphone-app duopoly. Governments <a href="https://www.economist.com/business/2024/05/13/app-stores-are-hugely-lucrative-and-under-attack?utm_campaign=a.io&utm_medium=audio.podcast.np&utm_source=theintelligence&utm_content=discovery.content.anonymous.tr_shownotes_na-na_article&utm_term=sa.listeners" rel="noopener noreferrer" target="_blank">want</a> to curb their power, but it is not clear whether more competition would change things. We ask why India’s election is so <a href="https://www.economist.com/the-economist-explains/2024/05/11/why-indias-election-is-the-most-expensive-in-the-world?utm_campaign=a.io&utm_medium=audio.podcast.np&utm_source=theintelligence&utm_content=discovery.content.anonymous.tr_shownotes_na-na_article&utm_term=sa.listeners" rel="noopener noreferrer" target="_blank">eye-wateringly expensive</a>; the country’s size is not the only answer (08:59). And <a href="https://www.economist.com/science-and-technology/2024/04/17/locust-busting-is-getting-an-upgrade?utm_campaign=a.io&utm_medium=audio.podcast.np&utm_source=theintelligence&utm_content=discovery.content.anonymous.tr_shownotes_na-na_article&utm_term=sa.listeners" rel="noopener noreferrer" target="_blank">new approaches</a> in the old fight against swarms of locusts (14:07).</p><br><p><em>Get a world of insights for </em><a href="https://subscribenow.economist.com/podcasts-plus" rel="noopener noreferrer" target="_blank"><em>50% off—subscribe to Economist Podcasts+</em></a><em>. For more information about how to access Economist Podcasts+, please visit our </em><a href="https://myaccount.economist.com/s/article/What-is-Economist-Podcasts" rel="noopener noreferrer" target="_blank"><em>FAQs page</em></a><em> or watch </em><a href="https://www.youtube.com/watch?v=Gczo71bg1uY" rel="noopener noreferrer" target="_blank"><em>our video</em></a><em> explaining how to link your account.</em></p> <hr><p style='color:grey; font-size:0.75em;'> Hosted on Acast. See <a style='color:grey;' target='_blank' rel='noopener noreferrer' href='https://acast.com/privacy'>acast.com/privacy</a> for more information.</p>