UK Regulator Grants Apple and Google Strategic Market Status for Mobile Ecosystems
The UK’s Competition and Markets Authority has officially designated both Apple and Google with strategic market status for their mobile platforms. This landmark decision gives regulators extensive powers to oversee how the tech giants operate their app stores and mobile ecosystems.
Regulatory Designation and Oversight Powers
The UK’s Competition and Markets Authority (CMA) has officially designated both Apple and Google with “strategic market status” (SMS) for their mobile platforms, according to reports from the regulatory body. This new legal classification under the UK’s Digital Markets, Competition and Consumers Act 2024 grants the watchdog far-reaching authority to regulate how the technology companies operate their mobile ecosystems and app stores.