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UK Regulator Closes Probe Into Apple and Google App Stores, Citing Shifting Priorities
A UK watchdog investigation into Apple and Google's app stores has been closed citing shifting "administrative priorities."
The act, which was passed by the previous government administration in May, grants the CMA new and expanded powers over how large digital companies operate in the United Kingdom, including the ability to directly impose fines of up to 10% of global annual turnover for firms found to be breaching consumer protection and competition laws. The company says that in 2022 its Android app business generated almost £10 billion in revenue for British developers and supported over 457,000 jobs in the U.K. Apple did not respond to requests for comment when contacted by Billboard. For music streaming services like Spotify that means it is now able to list pricing information inside its app for European users – an update that is “something as obvious as it is overdue,” the company said in a blog post earlier this month.
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