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UK’s competition authority ends probes of Apple and Google but will use incoming powers to ‘resolve app store concerns’

TechCrunch LogoTechCrunch11h ago

UK’s competition authority ends probes of Apple and Google but will use incoming powers to ‘resolve app store concerns’ - TechCrunch

Quick Summary:

Had the CMA accepted the commitments it could have limited the scope of remedies it may otherwise order on Google under the digital markets regime, assuming (as is highly likely) it ends up being designated as having SMS.

The DMCCA requires the CMA to undertake investigations to determine whether a tech giant’s market power meets the law’s bar of “strategic market status” (SMS) — and, if so, designate it as subject to the regime.

The UK’s rebooted digital markets regime has been in the works for years — greenlit as far back as November 2020 but hit with legislative delays as a result of the political turmoil from chopping and changing Conservative governments in recent years.


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Article Details

Author / Journalist: Natasha Lomas

Category: Technology

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-08-21 @ 12:25:26 (11 hours ago)

News Timezone: GMT -5:00

News Source URL: techcrunch.com

Language: English

Article Length: 1581 words

Reading Time: 9 minutes read

Sentences: 50 lines

Sentence Length: 32 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © TechCrunch

News ID: 22195075

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Official Website: techcrunch.com

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News Last Updated: 11 hours ago

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