Apple and Google promise to modify app store rules to UK regulators

The UK Competition and Markets Authority (CMA) announced on Tuesday that Apple and Google have agreed to make adjustments to their mobile app stores to be more fair and transparent for thousands of developers, calling this an important first step under their stricter regulatory regime. In October last year, the CMA determined that these two tech giants hold a “strategic market position” in the smartphone sector, which grants it the authority to require the companies to implement specific changes to promote market competition.