Name: Apple faces antitrust probe in the UK over its App Store rules
Brand: cnbc.com
SKU: cnbc-com-253
Availability: OnlineOnly

critic

Apple faces antitrust probe in the UK over its App Store rules

preview

Key PointsLONDON — The U.K.'s competition regulator on Thursday launched an antitrust investigation into .The Competition and Markets Authority said it would investigate Apple over complaints from software developers about the tech giant's App Store.Apple only lets developers release iPhone and iPad apps through its iOS smartphone platform. The firm has a rigorous approval process for iOS apps and has faced criticism about fees of up to 30% which it charges on in-app transactions."Millions of us use apps every day to check the weather, play a game or order a takeaway," said Andrea Coscelli, chief executive of the CMA."Complaints that Apple is using its market position to set terms which are unfair or may restrict competition and choice — potentially causing customers to lose out when buying and using apps — warrant careful scrutiny."Shares of Apple were down 0.5% in premarket trading Thursday. Tech shares were Wednesday amid concerns on Wall Street over rising U.S. bond yields.Britain's competition probe into Apple follows similar moves from the European Union. Last year, the EU Commission into Apple's App Store rules and its Apple Pay mobile wallet. The CMA said it would continue to coordinate closely with the EU and other regulators, despite Britain having formally left the bloc last year.An Apple spokesperson said the firm would work with the CMA to address its concerns."We believe in thriving and competitive markets where any great idea can flourish," the spokesperson said."The App Store has been an engine of success for app developers, in part because of the rigorous standards we have in place — applied fairly and equally to all developers — to protect customers from malware and to prevent rampant data collection without their consent."Large U.S. tech companies are facing mounting antitrust scrutiny from regulators around the world. The EU is looking to clamp down on Big Tech with . The U.K., meanwhile, has to introduce new digital rules.Epic Games, creator of the popular video game Fortnite, in its criticism of Apple. Epic claims the iPhone maker's App Store rules are anti-competitive and has particularly taken issue with the 30% cut that Apple takes from developers for in-app purchases.Last month, Epic against&nbsp;Apple&nbsp;with the EU. It's filed similar lawsuits with competition regulators in the U.S., Australia and the U.K.Epic's fight with Apple began after it that allowed players to bypass Apple's payment system to buy digital goods. Apple subsequently delisted the game, which was met with hours later. Google was also sued by Epic after it removed the Android version of Fortnite. and have about Apple's policies."The U.K. Competition and Markets Authority joins an ever-growing list of regulators to open an investigation into Apple's App Store practices," a Spotify spokesperson said."We welcome this and hope to see swift action because Apple's anticompetitive behavior is harmful to not just Spotify but to app developers and consumers everywhere around the world."

Key PointsLONDON — The U.K.'s competition regulator on Thursday launched an antitrust investigation into .The Competition and Markets Authority said it would investigate Apple over complaints from software developers about the tech giant's App Store.Apple only lets developers release iPhone and iPad apps through its iOS smartphone platform. The firm has a rigorous approval process for iOS apps and has faced criticism about fees of up to 30% which it charges on in-app transactions."Millions of us use apps every day to check the weather, play a game or order a takeaway," said Andrea Coscelli,...

public

Ryan Browne

cnbc.com

Credible

Speculation

Anecdotal Evidence

Generalization

Stacking the Deck

Appeal to Authority

Straw Man

Slippery Slope

Emotional Appeal

Red Herring

False Dilemma

Illogical

Moral Equivalency

Ad Hominem

Correlation w/o Causation

Semantics

Begging the Question

Faulty Analogy

Non Sequitur

Bandwagon

Dogmatism

Failing Occam's Razor

Biased

Pure Opinion

Hit Piece

Racial Bias

National Bias

Religious Bias

Financial Incentive

Political Agenda

Gender Bias

Misused Image/Video

Study Misinterpreted

Mistake

Misused Term

Science Misrepresented

Factual Error

Satire

Surface Level

Lack of Reliable Sources

Sensational

Not Credible

Investigative

Balanced

Well Sourced

Great Context

sports

entertainment

U.S.

international

business

technology

science

culture

politics

media

health

Apple faces antitrust probe in the UK over its App Store rules

No article scores yet.

CRITIC REVIEWS

PUBLIC REVIEWS