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'U.K. Authority Closes Competition Probes Into Google, Apple App Stores' - WSJ

Author: Benzinga Newsdesk | August 21, 2024 09:40am

https://www.wsj.com/finance/u-k-authority-closes-competition-probes-into-google-apple-app-stores-612decd3?mod=latest_headlines

The U.K.'s antitrust authority closed investigations into Google's Play Store and Apple's AAPL -0.15%decrease; red down pointing triangle App Store as it prepares for the rollout of new rules that give the watchdog greater powers to boost competition in digital markets.

The Competition and Markets Authority said Wednesday that it expects to consider competition concerns regarding the U.S. tech giants' app stores under a new regulatory regime after the U.K.'s Digital Markets, Competition and Consumers Act was passed in May.
 

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