LONDON, Nov 22 (Reuters) - Apple ( AAPL ) said on Friday

it disagreed with findings by the British competition regulator

that the U.S. tech giant could be holding back innovation in

smartphone browsers.

"We disagree with the findings in the report regarding

Safari, WebKit, and in-app browsing on iOS," the company said in

an emailed statement, adding that it would continue to engage

constructively with Britain's Competition and Markets Authority.

"We are concerned that the interventions discussed in the

report for future consideration under the Digital Markets,

Competition, and Consumers Act would undermine user privacy and

security and hinder our ability to make the kind of technology

that sets Apple ( AAPL ) apart."