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Business

Namrata Sen

Apple, Google Face Sweeping UK Antitrust Crackdown As Competition Regulator Targets 'Strategic Market Status' Over App Store Control

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The U.K.’s Competition and Markets Authority (CMA) is proposing significant changes to the mobile ecosystems of Apple Inc. (NASDAQ:AAPL) and Google, a subsidiary of Alphabet Inc. (NASDAQ:GOOGL) (NASDAQ:GOOG), following an investigation into their market dominance.

What Happened: The CMA is considering designating Apple and Google with "strategic market status" or SMS, a status given to companies with substantial and entrenched market power in the UK’s digital activities. This could lead to changes in their app stores and mobile ecosystems, CNBC reported. The CMA has been investigating the matter since January.

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Federal judge halts ICE detention centre construction at California site over environmental review

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