UK regulators have officially classified Apple Inc. and Google as having strategic market status, increasing scrutiny on their dominance in the mobile market, particularly regarding app stores and operating systems.
- The Competition and Markets Authority in the United Kingdom has labeled Apple Inc. and Google as holding strategic market status, enhancing oversight on their mobile operating systems and app store practices.
- This regulatory action addresses concerns over the control that Apple Inc. and Google exert over their respective app stores and the Android (operating system), which could impact competition and innovation.
- The new digital markets regime introduced by the Competition and Markets Authority aims to ensure fair competition in the mobile ecosystem, where Apple Inc. and Google dominate key areas.
Why It Matters
This development is significant as it reflects growing global concerns about Big Techs market power and could lead to increased regulatory measures, influencing the future landscape of mobile operating systems and app store practices.