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

Frontline troops push for solar energy
The U.S. Marines are testing renewable energy technologies like solar to reduce costs and casualties associated with fossil fuels. Play
25 Best Places to find rich singles
Looking for Mr. or Ms. Moneybags? Hunt down the perfect mate in these wealthy cities, which are brimming with unattached professionals. More
Fun festivals: Twins to mustard to pirates!
You'll see double in Twinsburg, Ohio, and Ketchup lovers should beware in Middleton, WI. Here's some of the best and strangest town festivals. Play
Index Last Change % Change
Dow 17,698.18 -77.94 -0.44%
Nasdaq 4,880.23 -20.66 -0.42%
S&P 500 2,059.69 -8.20 -0.40%
Treasuries 1.87 -0.07 -3.41%
Data as of 12:30am ET
Company Price Change % Change
Bank of America Corp... 15.41 0.02 0.13%
Apple Inc 124.25 -0.18 -0.14%
Micron Technology In... 27.13 0.00 0.00%
General Electric Co 24.84 0.03 0.12%
Alcoa Inc 13.00 0.08 0.62%
Data as of Apr 1
Sponsors

Sections