This is the best summary I could come up with:

TOKYO -- Japan is preparing regulations that would require tech giants like Apple and Google to allow outside app stores and payments on their mobile operating systems, in a bid to curb abuse of their dominant position in the Japanese market.

These effective monopolies on in-app payments can lead to users paying more for the same content or services on mobile devices than on personal computers.

The legislation aims to force them to allow third-party app stores and payment systems as long as they are secure and protect user privacy.

The Ministry of Internal Affairs and Communications has forecast Japan's mobile app market expanding to $29.2 billion in 2023, up by roughly half from 2018.

That legislation, set for full implementation in 2024, bans "gatekeepers" from favoring their own tools in search results, with violators facing fines of up to 10% of their global turnover for the previous fiscal year.

In the U.S., it was reported last week that Google has agreed to pay a $700 million settlement in an antitrust case involving its app store.

The original article contains 446 words, the summary contains 175 words. Saved 61%. I'm a bot and I'm open source!