London – UK competition regulators have announced a decision on the designation of Apple and Google’s mobile ecosystems under the new Digital Markets, Competition and Consumers (DMCC) Act 2024. The designation means both U.S. companies may be subject to new firm-specific conduct requirements. These could include disruptive interventions in AI innovation; requirements to share systems with competitors; mandatory notification of all mergers and acquisitions; and regulation of how search engines and apps are ranked and presented.
The Computer & Communications Industry Association has advocated for antitrust policy that promotes innovation and competition for more than 50 years.
The following can be attributed to Matthew Sinclair, CCIA UK’s Senior Director:
“It is disappointing that the CMA is going ahead with broad regulation in a market where its own evidence shows consumers are happy with the choices available and AI-powered innovation is transforming devices and services. The lack of guardrails in the new regulatory regime and the opaque and often closed-door designation process we have seen thus far will mean enormous uncertainty for companies innovating and investing in the UK. It is vital that the CMA takes a more careful approach when considering conduct requirements and responds to the clear steer from Ministers to prioritise investment and growth. The regulator should not repeat mistakes that have worsened outcomes for consumers in other countries.”