UK’s Digital Markets Unit starts work on pro-competition reforms

UK’s Digital Markets Unit starts work on pro-competition reforms

3 years ago
Anonymous $4BDEsVAtYS

https://techcrunch.com/2021/04/07/uks-digital-markets-unit-starts-work-on-pro-competition-reforms/

A new UK public body that will be tasked with helping regulate the most powerful companies in the digital sector to ensure competition thrives online and consumers of digital services have more choice and control over their data has launched today.

The Digital Markets Unit (DMU), which was announced in November last year — following a number of market reviews and studies examining concerns about the concentration of digital market power — does not yet have statutory powers itself but the government has said it will consult on the design of the new “pro-competition regime” this year and legislate to put the DMU on a statutory footing as soon as parliamentary time allows.