Digital Markets Taskforce News Today : Breaking News, Live Updates & Top Stories | Vimarsana

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 Unit's (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 that will support the UK’s growing tech sector and protect consumers. The Digital Markets Unit (DMU)...

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 entrenched market power with ‘Strategic Market Status’ (SMS). This will require them to follow ne...