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    Global Banking & Finance Review® is a leading financial portal and online magazine offering News, Analysis, Opinion, Reviews, Interviews & Videos from the world of Banking, Finance, Business, Trading, Technology, Investing, Brokerage, Foreign Exchange, Tax & Legal, Islamic Finance, Asset & Wealth Management.
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    Global Banking and Finance Review is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

    Headlines

    Posted By Global Banking and Finance Review

    Posted on February 19, 2025

    Featured image for article about Headlines

    LONDON (Reuters) - Apple has told Britain's competition regulator that some of the remedy options proposed by the watchdog to address concerns in the mobile browser market would impact the iPhone maker's incentive to innovate.

    The responses from Apple and Google to the regulator's investigation in the supply of mobile browsers and browser engines and the distribution of cloud gaming services through app stores on mobile devices in the country were published on the government website on Wednesday.

    With respect to remedy options on providing feature access, Apple said it would "not be appropriate" to mandate that access to future WebKit or that iOS features in use by Safari be provided free of charge, adding that developing features is a time and resource-intensive process.

    "Apple cannot recoup a reasonable amount of those expenses ... to do so would have a chilling impact on Apple’s incentives to innovate and would lead to free-riding and underinvestment on the part of third parties."

    (Reporting by Muvija M; Editing by Paul Sandle)

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