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UK Regulators Designate Apple and Google as Having “Strategic Market Status” in Mobile Sector

The UK’s Competition and Markets Authority has officially designated Apple and Google as holding Strategic Market Status in mobile platforms. This move follows the EU’s approach to regulating big tech companies but uses different terminology for the classification.

UK Follows EU Lead in Big Tech Regulation

The UK’s Competition and Markets Authority has officially designated both Apple and Google as qualifying for regulation under its new digital markets framework, according to reports. This move potentially subjects the tech giants to significant fines and mirrors the European Union’s approach to regulating dominant digital platforms, though with different terminology.