The U.K.’s competition regulator has designated Apple and Google with “strategic market status” in their mobile platforms, giving the regulator new powers to enforce competition in areas like app stores,

Britain’s antitrust watchdog has targeted Google and Apple for their “strategic” roles in mobile ecosystems, opening the door for regulators to impose changes to their business practices to improve competition.

The investigation into Apple and Google's app stores, browsers and operating systems focused on how prominent their own apps are compared with rivals. "Around 90-100% of UK mobile devices running on Apple or Google's mobile platforms," the CMA has previously said, adding this meant the firms "hold an effective duopoly".

Britain's competition regulator took aim at Google and Apple and flagged the two business giants under its highest designation as nearly too powerful to control.

Competition and Markets Authority’s classification grants it expanded authority to tackle potential competition issues across the nation’s app and mobile markets.

Several Silicon Valley tech giants are helping fund President Trump's $300 million plan to add a massive new ballroom to the White House.