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UK CMA Takes Aim at Apple and Google: Unveils Probe into Mobile Browser Monopoly

Word on the StreetFriday, Nov 22, 2024 9:00 am ET
1min read

The UK Competition and Markets Authority (CMA) has announced a preliminary decision to launch an official investigation into Apple and Google's dominance in the mobile browser market. This action is aimed at curbing the tech giants' monopoly over mobile operating systems, a sector crucial to millions of users and businesses across the UK.

The CMA has highlighted issues within the mobile browser market, indicating poor performance for both UK enterprises and consumers. In light of new digital market competition regulations set to take effect next year, the authority suggests that close scrutiny of Apple and Google's activities in the mobile ecosystem is a priority.

Research by the CMA's independent investigation team has uncovered what amounts to a duopoly held by Apple and Google over mobile operating systems, app stores, and web browsers. Apple's policies, in particular, have been criticized for stifling innovation within the mobile browsing space.

The CMA has invited public comments on their interim findings by December 13, with a final decision expected in March of the following year. This move signifies a significant step in addressing the competitive imbalances that have long characterized the mobile ecosystem dominated by these two tech giants.

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AxGGG
11/22
$GOOGL criminals dragging this down.
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jstanfill93
11/22
$CROX $TSLA $FB $CROX $AAPL $FB $TSLA $CROX $FB $AAPL $CROX $TSLA
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nrthrnbr
11/22
Competition's hot, innovation might cool it down
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ABCXYZ12345679
11/22
CMA goes hard on Big Tech. Hope they don't choke new devs. 🤔
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paperboiko
11/22
Govs clapping at Big Tech for once, nice.
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ConstructionOk6948
11/22
Monopoly vibes, anyone thinking about antitrust plays?
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surveillance_raven
11/22
Might hedge $AAPL with some $TSLA, just sayin'
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TailungFu
11/22
Regulatory heat on $AAPL & $GOOGL could shake things up. Time for some diversification in browser choices.
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OneTrickPony_82
11/22
Big tech getting checked in the UK. If Apple and Google face heat, might see more room for other players like Mozilla and Brave. Browser market needs diversity, but regulation could be complex. Watching this space.
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GarlicBreadDatabase
11/22
UK's onto something. This could be a game-changer for indie devs and smaller players.
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