The UK’s competition regulator hurled an antitrust investigation into Apple to probe whether it is abusing its market power to restrict competition. According to the competition and the various market authorities. They will investigate Apple for the complaints filed by software developers relating to the tech giant’s App store.
The iPhone and iPad apps are only released by developers via Apple’s iOS smartphone platform. It has a hard approval process for every iOS app. Apple has undergone harsh criticism relating to the 30% fee charges for in-app transactions.
The chief executive of CMA, Andrea Coscelli
says, ‘Every day more than millions of people use apps to check the weather report, play a game, or order their food’. There are complaints that Apple is taking advantage of its global market position. To set some unfair terms. Such terms might limit the competition or choice causing the customers to lose out while buying or using apps – the warrant careful inquiry.
