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API Gateway can manage and balance out network traffic just as a Load Balancer, just in a different way. API Gateway is responsible for routing each request, on-demand, to the appropriate backend service. It can also be configured to direct requests to specific resources based on the endpoints being requested. The downside is that API Gateway doesn’t come cheap, since it can be a lot cheaper in many cases - although it is difficult to compare because the API Gateway pricing depends on the number of requests.
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