Apple and Google to be investigated by UK antitrust authorities for dominance in the mobile browser market
The UK's antitrust regulator has stated in a preliminary decision that Apple and Google will face a formal investigation due to their dominance in the mobile browser market. This decision aims to curb the tech giants' monopoly over mobile operating systems. The Competition and Markets Authority (CMA) of the UK indicated in a preliminary investigation that the mobile browser market is not functioning well for businesses and millions of smartphone users in the UK. The agency suggested prioritizing an investigation into Apple and Google's mobile ecosystem activities under new digital market competition regulations that will take effect next year. Research by the CMA's independent investigation team found that Apple and Google have effectively created a "duopoly" in the mobile ecosystem, including operating systems, app stores, and web browsers on mobile devices. The team believes that Apple's policies hinder innovation in mobile browsers. The CMA stated that it will invite the public to comment on the preliminary investigation findings before December 13 local time, with a final decision expected in March next year
According to the Zhitong Finance APP, the UK antitrust regulator has stated in a preliminary decision that Apple (AAPL.US) and Google (GOOGL.US) will face a formal investigation due to their dominance in the mobile browser market. This decision aims to curb the tech giants' monopoly over mobile operating systems.
The UK Competition and Markets Authority (CMA) indicated in a preliminary investigation that the mobile browser market is not functioning well for businesses in the UK and millions of mobile phone users. The agency suggested prioritizing an investigation into Apple and Google's mobile ecosystem activities under new digital market competition regulations that will take effect next year.
Research by the CMA's independent investigation team found that Apple and Google have formed a de facto "duopoly" in the mobile ecosystem, including operating systems, app stores, and web browsers on mobile devices. The team believes that Apple's policies hinder innovation in mobile browsers. The CMA stated that it will invite the public to comment on the preliminary investigation results by December 13 local time, with a final decision expected in March next year