In a bid to regulate the tech giants Apple Inc. (NASDAQ:AAPL) and Google’s parent company,Alphabet Inc. (NASDAQ:GOOGL) (NASDAQ:GOOG), Japan is formulating legislation aimed at breaking their app store monopolies. What Happened: A recent report from Nikkei Asia revealed Japan’s plan to enforce laws mandating the tech titans to allow third-party app platforms and payment systems on their mobile operating systems to curb their market dominance. The proposed legislation, set for parliamentary submission in 2024, aims to restrict platform operators from monopolizing users within their ecosystems an…