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Apple & Google Face Thorough Antitrust Probe of Mobile Market Power in the UK

British competition regulator is deepening its investigation into the market power of Apple and Google, suspecting they might restrict competition on mobile devices

Apple Google competition

Regulators will probe Apple and Google to ensure fair market play. Source: unsplash

The UK Competition and Markets Authority has received support in a public consultation and is now moving forward with a previously proposed market investigation into how the companies control web browsers for mobile devices. In addition the probe will address complaints that Apple restricts cloud gaming on its devices.

As part of its early proposal, the CMA said that Apple and Google exercise a stranglehold over mobile ecosystems via «mobile-device duopoly». The regulator is opening the investigation partly to keep up with the EU which has recently passed the Digital Markets Act. The new law gave European regulators enhanced power over digital markets which could help resolve the competition issues.

“In the meantime, we are using our existing powers to tackle problems where we can. Many U.K. businesses and web developers tell us they feel that they are being held back by restrictions set by Apple and Google.”
Sarah Cardell, the CMA’s interim chief executive

Under British rules, market investigations can lead to binding orders for companies to change their uncompetitive practices, but can incur no fines.

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Nina Bobro

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https://payspacemagazine.com/

Nina is passionate about financial technologies and environmental issues, reporting on the industry news and the most exciting projects that build their offerings around the intersection of fintech and sustainability.