UK launches antitrust investigations targeting Big Tech

Google and Apple are among potential targets for the United Kingdom’s push to increase consumer protections in digital markets and curtail potential monopolies

Posted

The United Kingdom’s antitrust watchdog on Tuesday said it would launch investigations into three areas of digital activity as the new Digital Markets, Competition and Consumers (DMCC) Act comes into full force — giving regulatory power over major players like Apple and Google.

While the Competition and Markets Authority (CMA) did not specify which companies would be investigated, under its strict strategic market status (SMS) designation, only the largest tech firms would be considered.

The announcement says two investigations would begin immediately and a third would begin in about six months. Once a company receives SMS designation, the CMA would have the authority to curtail practices like using access to customer data to gain unfair advantage, make it easier for consumers to switch providers, and more.

Click here to read more.

Comments

No comments on this item Please log in to comment by clicking here


Scroll the Latest Job Opportunities From The Media Job Board