Apple and Google may be compelled to alter their mobile platforms, following a finding by the UK’s competition watchdog that current regulations could be “limiting innovation and competition”.

The Competition and Markets Authority ( CMA ) highlighted the substantial and entrenched market power held by the two tech giants through their platforms.

Consequently, both companies have been designated with “strategic market status”, a classification reserved for the most dominant businesses.

The decision empowers the regulator to intervene, fostering greater competition that is expected to benefit both consumers and businesses.

Between 90 and 100 per cent of UK mobile devices run on Apple or Google’s mobile platforms, according to the CMA.

People are unlikely to switch between the two d

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