UK Regulator Targets Apple and Google in Bid to Boost Mobile Competition
The UK Competition and Markets Authority has designated Apple and Google as holders of 'strategic market status,' paving the way for enforced changes to their mobile ecosystems. This move aims to disrupt the duopoly controlling 99% of Britain's smartphone market.
Regulators cite restrictive app store policies and pre-installed browser advantages as key barriers to innovation. The CMA's intervention follows similar actions by US and EU authorities, though Apple warns against measures that could compromise user security.
Google's response suggests the regulator's approach will face scrutiny over whether it genuinely stimulates competition or merely reshapes existing power structures. The outcome may influence how web3 and crypto applications access mobile platforms.