U.K. Regulator Launches Investigation into Apple (NASDAQ:AAPL) and Google
November 23 2022 - 07:15AM
TipRanks
Apple (NASDAQ:AAPL) and Alphabet’s (NASDAQ:GOOGL) Google are facing
an in-depth investigation by the U.K.’s Competition and Markets
Authority. The regulator has accused both companies of dominating
the mobile browser market. The investigation is a result of the
CMA’s survey, which was launched in June 2022. It concluded that
both tech giants have significant control over mobile browsers.
Further, Apple has been charged with controlling cloud gaming
through its app store. Several browser vendors, web developers, and
cloud gaming service providers have backed the investigation
arguing that the current rules are “harming their businesses,
holding back innovation, and adding unnecessary costs.
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