Good and well ofcourse, until developers of important / required apps start removing their apps from the Apple App Store and require you to use theirs.
For example I know for a fact that Meta is working on an App Store of their own. I don't want Meta's "privacy" on my phone. And getting my family, friends and collogues all to switch to iMessage is quite impossible. Also I don't want iMessage to connect to Meta because of the same issue!
Because of this I am looking to import my next iPhone from the US. Or change my account to the US if it's connected to the account.
And before you say "that will never happen". It already IS happening with PC games. Epic gives a lot of money to (indie) game developers to exclusively release their games on the Epic Games Store which is filled with Chinese (Tencent) spyware. And this goes as far as these companies removing their games off of Steam or other PC games outlets.