Digital Markets Taskforce News Today

As debate rages about AI, discussions about digital markets are nearing their conclusion. But the two are not unrelated, as we explain.

A review of the key regulatory issues in the technology, media and telecommunications sector in United Kingdom, including regulated activities and regulatory enforcement.

This lecture gives an insight into the Digital Markets Units (DMU) first months in operation and how regulatory and competition policy in this critical area will be developed.

Government unveils proposals to increase competition in UK digital economy Digital firms with deep-rooted market power to be subject to mandatory code to drive up competition From: 20 July 2021 New powers proposed for watchdog to suspend, block and reverse decisions by tech giants, and issue fines of up to 10% of turnover for serious breaches Watchdog to boost UK startup scene by creating level playing field Proposals have been set out for a new pro-competition regime for digital markets th...

Source: UK Government New powers proposed for watchdog to suspend, block and reverse decisions by tech giants, and issue fines of up to 10% of turnover for serious breaches Watchdog to boost UK startup scene by creating level playing field Proposals have been set out for a new pro-competition regime for digital markets that will support the UK’s growing tech sector and protect consumers. The Digital Markets Unit (DMU) will be given the power to designate tech firms that hold substantial and e...

Opening the On-line World to Competition: The Penrose Report Latest Blog Posts Related Content Navigating the sticky issue of monitoring employee productivity Ecolabels and data sanitisation key to recycling and reusing IT assets Download Current Issue In September 2020 John Penrose MP was asked by the Chancellor to look at how the UK approach to competition and consumer could be improved after the end of the Brexit transition to help provide a springboard of recovery for an economy bad...

Read later Audio version Summary: A high-level Westminster debate about competition policy looks at whether the UK is really going to rein in the US giants? (Image by Yan Wong from Pixabay ) If youre a large digital platform company, the storm clouds have been gathering lately in the US, Europe, and the UK in terms of regulation and competition rules. Or perhaps there have merely been a few balls of vapour around an otherwise glorious sun, depending on how you believe the weather is looking in...

[co-author: Laurine Signoret] On April 7, 2021, a dedicated digital markets unit (DMU) within the UK Competition and Markets Authority (CMA) was launched in shadow mode. The DMU will be tasked with enforcing the ex ante competition regime proposed by the CMA in December 2020 through its Digital Markets Taskforce—whenever it is legislated for. For now, the CMA will continue its enforcement drive against tech firms using existing tools, while the DMU focuses on operationalizing and preparing f...

To embed, copy and paste the code into your website or blog: The UK Government has launched the much anticipated Digital Markets Unit (DMU) as a first step towards an “unashamedly pro-competition" regime focused on the position of “tech giants”.  The DMU will, however, initially lack its own enforcement powers and there is still a lot to play for in terms of scoping those powers. Now is the time to enter the debate! Background The Government confirmed its intention to establish the DMU i...

REUTERS/Erin Scott The move comes after months of wrangling with Australian officials.  But the tech giant also faces pressure from a growing number of governments on how it handles news. Facebook blocked Australian users from sharing and viewing news articles on their feeds on Wednesday, following months of back-and-forth with local officials.  The dramatic step follows a debate with lawmakers over how to rebalance the relationship between tech platforms and leg...