UK to press ahead with long anticipated reform to tackle Big Techs market power

News Summary

  • )The regulator later sought to reverse its decision to wait for new powers when it sought to push forward with an investigation into Apple’s mobile web browser and cloud gaming service.
  • “The Digital Markets Unit can become a powerful tool to help innovative companies break through,” he added.
  • (Although it did take enforcement action in relation to Google Play Billing at that time, which led to a settlement offer by the tech giant which the CMA is now consulting on.
The UK has signalled it will press ahead with an ex ante competition reform aimed at addressing the market muscle of Big Tech.The legislation will also aim to strengthen consumer rights by targetin [+7380 chars]