Government Understands Need To Make âQuick and Tangible Progressâ On Regulation Of Tech Giants
The Government understands the need to make “quick and tangible progress” on implementing the new regulatory regime for the tech giants given local publishers are under increasing financial pressure.
In its report ‘Breaking news? The Future of UK Journalism’, the House of Lords Communications and Digital Committee called for the Digital Markets Unit to be set up as a matter of urgency,” overseeing a news media bargaining code similar to the Australian model.
The report was published on the same day the Government responded to the Competition and Markets Authority’s market study into online platforms and digital advertising, announcing that the DMU would be set up in April this year.
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