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The U.K. Competition and Markets Authority said on Thursday it is looking into suspected breaches of competition law by Apple.
Apple AAPL, -2.45% has to approve all apps before allowing them onto its store, and requires the use of its payment system for in-app features. The technology giant charges a commission of up to 30% for using its payment system.
The CMA said its investigation will consider whether Apple has a dominant position in connection with the distribution of apps on Apple devices in the U.K. — and, if so, whether Apple imposes unfair or anticompetitive terms on developers using the App Store, ultimately resulting in users having less choice or paying higher prices for apps and add-ons.
The complaint is similar to one the European Union is pursuing against Apple. Epic Games, the maker of the popular “Fortnite” videogame, recently filed a complaint with the European Commission.
The U.K. regulator said it will coordinate closely with the European Commission.
In premarket trade, Apple shares edged 0.8% lower. The stock has slumped 8% this year as interest rates have climbed.
