UK politics has been in a parlous state. Today the UK’s Chancellor of the Exchequer attempted to stabilize the country’s finances by announcing some eye-watering tax rises and spending cuts in the Autumn Statement. However, of more relevance to readers of this blog, he also made a significant announcement about the legislation required to implement … Continue reading Full steam ahead for the UK Digital Markets Unit
Tag: Digital Markets Unit
The UK’s Digital Markets Unit: we’re not making any progress, but we promise we will “in due course”
In the UK’s slow journey towards its Digital Markets Unit (“DMU”) regime, the Government has published its formal response to last summer’s consultation document (the “Response Document”). We now know that the necessary legislation will not be included in the next session of Parliament, and therefore will not be enacted within the next year, but … Continue reading The UK’s Digital Markets Unit: we’re not making any progress, but we promise we will “in due course”
UK Digital Regulation: time to get into the detail
The UK government has published its White Paper on the new regulatory regime for firms with Strategic Market Status (SMS), which is very likely to capture firms such as Google, Apple, Facebook and Amazon. The new legislation is therefore now officially government policy. At first glance, it will be a sigh of relief for the … Continue reading UK Digital Regulation: time to get into the detail
The UK reform agenda
The former Chair of the Competition and Markets Authority (CMA), Lord Andrew Tyrie, has written a report setting out some suggestions to reform the competition regime. This follows an FT opinion piece earlier this year, and his much-discussed letter to the Secretary of State in February 2019 advocating reforms to the competition regime. Lord Tyrie’s … Continue reading The UK reform agenda