10:27 AM EDT, 07/23/2025 (MT Newswires) -- (Updates with Google's ( GOOG ) response in fourth paragraph.)
Britain's antitrust regulator has proposed designating Apple ( AAPL ) and Google ( GOOG ) as having "strategic market status" in their mobile platforms and has published separate roadmaps of potential actions to improve competition.
The Competition and Markets Authority said the move follows findings by an inquiry group that a number of markets relating to mobile internet browsers were not working well for consumers or businesses.
"Apple ( AAPL ) and Google's ( GOOG ) mobile platforms are both critical to the UK economy...but our investigation so far has identified opportunities for more innovation and choice," CMA Chief Executive Sarah Cardell said.
Google ( GOOG ) said in a blog post that it remains "committed to constructive engagement with the CMA for the duration of this process."
Apple ( AAPL ) didn't immediately reply to MT Newswires' request for comment
Price: 212.86, Change: -1.54, Percent Change: -0.72