CMA Launches Mobile Investigation into Apple and Google; Stroer Exploring Sale of Core Ad Business; Havas Acquires CA Sports
Briefly

The UK's Competition and Markets Authority (CMA) has initiated investigations into Apple and Google focusing on their mobile ecosystem dominance. These inquiries will examine operating systems, app stores, and browsers, aiming to enhance competition for the benefit of consumers and businesses. Concurrently, German media company Ströer is contemplating a sale of its advertising business, estimated at €4bn, attracting interest from major private equity firms. Havas Media has also acquired CA Sports to strengthen its sports marketing capabilities and further enter the Spanish market, supporting diversification in its strategy.
The CMA aims to explore how people and businesses are impacted by Apple and Google's mobile practices, potentially leading to more competition in the UK market.
Ströer is reportedly considering selling its core advertising business with a valuation around €4bn, attracting interest from private equity firms.
Havas Media Network's acquisition of CA Sports seeks to enhance sports marketing expertise and expand in the Spanish market through the Havas Play unit.
The investigations into Apple and Google will assess their strategic market status, which could lead to significant regulatory implications for the companies.
Read at Exchangewire
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