Page 2 - Markets Unit News Today

The UK's antitrust watchdog has announced a review of "AI foundational models", such as the tech which underpin OpenAI's ChatGPT and Microsoft's New Bing.

On April 25, 2023, the UK Government published its long-awaited Digital Markets, Competition and Consumers Bill (Bill) which, among other things, introduces a new ex ante regulatory...

The Digital Markets Unit will have the power to fine big tech platforms up to 10% of their global turnover if they do not abide by competition rules.

Hosting and posting fake online reviews will be made illegal under new government legislation that also aims stop ‘subscription traps’.

Digital platforms could be hit with huge fines for failing to protect consumers from subscription traps and online ...

The Digital Markets Unit will have the power to fine big tech platforms up to 10% of their global turnover if they do not abide by competition rules.

The Digital Markets Unit will have the power to fine big tech platforms up to 10% of their global turnover if they do not abide by competition rules.

Voting booth of course. thanks for “oininu voting booth of course. thanks for joining us- — a regulator here in the uk is to police the "excessive dominance" of big technology platforms — with the power to fine them up to 10% of their global turnover under new legislation. the digital markets unit, which was launched two years ago, will be given new powers to ensure that consumers and businesses are not unfairly disadvantaged by the biggest players. lets speak now to our technology reporte...

The Digital Markets Unit will have the power to fine big tech platforms up to 10% of their global turnover if they do not abide by competition rules.

The Digital Markets Unit will have the power to fine big tech platforms up to 10% of their global turnover if they do not abide by competition rules.