LONDON – Britain launched an investigation into Apple (NASDAQ: AAPL) and Google’s smartphone operating systems, app stores, and browsers on Thursday, its second use of recently bulked-up regulatory powers to scrutinize big tech companies.
The Competition and Markets Authority said it would assess whether Apple and Google had “strategic market status” in smartphones ecosystems, and the impact they had on users and on businesses developing content and services such as apps.
CMA chief executive Sarah Cardell said more competitive mobile ecosystems could foster innovations and new opportunities across a range of services that millions of people use, be they app stores, browsers or operating systems.
“Better competition could also boost growth here in the UK, with businesses able to offer new and innovative types of products and services on Apple’s and Google’s platforms,” she said.
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Edward Cooke is a financial analyst, freelance writer, and editor. He has six years of experience in financial journalism. He has an in-depth understanding of equities markets, tracking major indices and providing real-time analysis on stock price movements, corporate earnings, and market sentiment. Read Full Bio
