Our Terms of Service and Privacy Policy have changed.

By continuing to use this site, you are agreeing to the new Privacy Policy and Terms of Service.

FTC to eye Apple's business practices - report

Apple seen as target in FTC probe


NEW YORK (CNNMoney.com) -- Federal regulators will investigate whether Apple's business practices harm competition in the market for software used on mobile devices, according to a published report.

The Federal Trade Commission is preparing to review allegations that Apple has shut other companies out of the important new computing platform, sources told the Wall Street Journal.

It was decided that the FTC would lead the probe after weeks of talks with the Justice department over which agency would conduct the investigation, the report said.

The report cited ongoing tensions between Apple and software maker Adobe Systems (ADBE), which stem from Apple's decision to ban Adobe's Flash video technology from its mobile devices.

Apple has also been criticized recently by Google (GOOG, Fortune 500) for rules that could block the search engine from selling ads on popular devices such as the iPhone and iPad, according to the report.

In addition, Apple has banned software developers from using other companies' tools to develop software for its devices, the report said.

Apple (AAPL, Fortune 500) did not immediately respond to requests for comment. The FTC could not be reached for comment. To top of page

Index Last Change % Change
Dow 25,998.49 195.30 0.76%
Nasdaq 7,314.00 53.00 0.73%
S&P 500 2,799.20 12.96 0.47%
Treasuries 2.54 -0.01 -0.59%
Data as of 10:50am ET
Company Price Change % Change
General Electric Co 18.09 -0.67 -3.57%
Bank of America Corp... 31.40 0.20 0.66%
Merck & Co Inc 63.60 4.94 8.42%
Facebook Inc 179.18 -0.19 -0.10%
Advanced Micro Devic... 12.12 0.10 0.83%
Data as of 10:35am ET
Sponsors

Sections

More than 5% of DACA recipients have started their own businesses since enrolling the program, according to a recent survey. More

A new monthly subsidy announced by President Nicolas Maduro is worth $3.83. It's unlikely to make much difference for people living in a nation plagued by hyperinflation. More

Airbnb launched a new tool that lets users pay a deposit on their trip up front rather than the full price. More

The average cost of a wedding has increased again this year to $35,000. Meanwhile, asking for cash as a gift is fine. More