UK antitrust agency investigating apple over app store practices

This article was originally published on Fool.com. All figures quoted in US dollars unless otherwise stated.

Apple Inc‘s (NASDAQ: AAPL) App Store is attracting more controversy. On Thursday, the Competition and Markets Authority (CMA), an antitrust arm of the UK government, disclosed that it has launched an investigation into the US tech giant’s business practices with the online store.

The CMA said it was doing so in the wake of both complaints from developers about those practices and the agency’s own work in the digital sphere. These allege that Apple’s fairly strict terms for developers to get their software into the App Store are not fair and possibly in violation of the country’s competition law.

In other jurisdictions,…