The United Kingdom's antitrust regulatory authorities have indicated in a temporary decision that Apple and Google will face an official investigation due to their dominant position in the mobile browser market.
The United Kingdom's antitrust regulatory authorities have indicated in a temporary decision that $Apple (AAPL.US)$ and $Alphabet-C (GOOG.US)$ will face an official investigation due to their dominant position in the mobile browser market. The decision aims to curb the technology giants' monopoly on mobile operating systems.
The Competition and Markets Authority (CMA) in the United Kingdom stated in a temporary investigation that the mobile browser market is operating poorly for British businesses and millions of mobile phone users. The institution recommends prioritizing the investigation of apple and google's mobile ecosystem activities under the new Digital Market Competition Rules scheduled to take effect next year.
The independent investigation team of CMA found that apple and google have effectively formed 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. CMA announced that it will invite public comments on the temporary investigation results by December 13 local time and is expected to make a final decision by March next year.
Editor/rice