The UK’s Digital Markets Unit is here to watch big tech
The UK plans to launch a regulator to make sure that big tech companies like Facebook and Google do not abuse their market power. As the dominant players, they have been known to have ambitions exceeding their already gargantuan empires.
They participate in anti-competitive business practices an... Read more
UK government creates Digital Markets Unit to regulate tech companies
The UK government plans to put in place a Digital Markets Unit (DMU) whose sole focus will be the regulation of online platforms. It might also have the power to block business moves by companies that show anti-competitive behavior. The unit will also be able to hand down fines to violators.
The... Read more