Apple (NASDAQ:AAPL) and Google (NASDAQ:GOOG) have agreed to introduce changes to their mobile app marketplaces aimed at improving fairness and transparency for developers, Britain’s competition watchdog said on Tuesday.
The Competition and Markets Authority (CMA) said the undertakings mark an important early move under its strengthened regulatory framework.
As part of the commitments, both companies will adopt app review processes that are fair, objective and transparent, according to the CMA.
The changes will also give developers greater ability to request access to additional Apple iOS functionalities, enabling them to build rival services — including in areas such as digital wallets and live translation tools — that compete more directly with Apple’s own offerings.
Join the discussion: Connect with other investors on your favorite stocks or explore the top-talked-about stocks on our Breakout Boards.
This article was written by the editorial team at InvestorsHub/ADVFN and is provided for informational purposes only. In some cases, editorial staff may use artificial intelligence–based tools to assist in the research, drafting, or editing of content, under human review and oversight. This article does not constitute investment advice, a recommendation, or an offer to buy or sell any securities. The views expressed are based on publicly available information believed to be reliable at the time of publication, but accuracy or completeness is not guaranteed. Readers should conduct their own independent research and consult a qualified financial professional before making any investment decisions.
ergo sum
1 month ago
pack10
1 month ago
mtsr
1 month ago
Greedy G
1 month ago
Greedy G
1 month ago
GolfFishSurf
1 month ago
DeerBalls
1 month ago
Greedy G
1 month ago
DeerBalls
1 month ago
zdog1954
1 month ago
DeerBalls
1 month ago
Ranb2khz
1 month ago
DeerBalls
1 month ago
DeerBalls
2 months ago
DeerBalls
2 months ago
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.