New Delhi, July 23 -- he Competition and Markets Authority (CMA) is today proposing to designate Apple and Google with 'strategic market status' (SMS) in each of their mobile platforms and has published separate roadmaps of potential actions to improve competition.
The UK app economy
The UK has a vibrant app developer community, representing Europe's largest app economy by revenue and app developer count. In total, the UK app economy generates an estimated 1.5% of the UK's GDP and supports around 400,000 jobs here. App-led innovation has powered the success of strategically important sectors for the UK, like financial services and gaming. Fintech stands out, attracting over £18 billion in inward investment over the past 3 years. Mea...
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