Apple Stock News

The U.K.'s Competition and Markets Authority said its experts recommended investigating Apple and Google's dominance in smartphones under the country's new digital competition rules, alleging the tech giants can manipulate users into choosing their own apps and services over rivals'.

The U.K.'s Competition and Markets Authority issued a report Friday from its independent inquiry group recommending the watchdog investigates Apple and Google's activities in mobile ecosystems. The inquiry group recommended the CMA probes the U.S. tech giants under a new U.K. law known as the new Digital Markets, Competition and Consumers Act (DMCC).

The Competition and Markets Authority (CMA) in the UK has provisionally concluded that Apple Inc (NASDAQ:AAPL, ETR:APC)'s policies are stifling innovation in mobile browsers. The findings are part of the CMA's ongoing investigation into mobile browsers and cloud gaming, launched following its Mobile Ecosystems Market Study in 2021.

Qualcomm sees its future in cars, laptops and the Internet of Things.

The top U.S. consumer watchdog will supervise Apple Inc. and other major technology firms that offer digital wallets and payment apps, finalizing a proposal from last year with several changes.

The European Commission said it dropped a probe that began in 2020 after a rival developer withdrew its own complaint.

Britain's competition regulator should consider investigating Apple and Google's mobile ecosystem activities using new digital markets powers, the watchdog's inquiry group has suggested.

EU antitrust regulators on Friday closed a four-year long investigation into Apple's rules for competing e-book and audiobook apps developers after the complainant withdrew its complaint against the iPhone maker.