More than four years after the Furman Report, the British Government has laid its Digital Markets, Competition and Consumers Bill before Parliament. However, what is perhaps more remarkable than the delays is how closely the Bill sticks to the CMA’s original recommendations. One can always quibble over some of the drafting, but overall this is … Continue reading Fashionably late: The UK digital markets legislation starts its passage through Parliament
Tag: DMU
Into Uncharted Waters – Making sense of the CAT’s Apple/CMA judgment
In November last year, the UK Competition and Markets Authority (CMA) started a market investigation into the supply of web browsers and browser engines on mobile devices, and the distribution of cloud gaming services through app stores on mobile devices. However, Apple appealed the CMA’s decision to make a market investigation reference (MIR) in the … Continue reading Into Uncharted Waters – Making sense of the CAT’s Apple/CMA judgment
Interview with Tom Fish, Head of public policy and research at Gener8, and formerly Assistant Director at the UK’s Competition and Markets Authority
Tom Smith, Geradin Partners: November 2022 was an important month for the UK’s efforts to curb the power of big tech. The Chancellor announced in his Autumn Statement that the Digital Markets, Competition and Consumer Bill will be introduced into parliament in the 3rd parliamentary session (it is currently rumoured to be scheduled for April … Continue reading Interview with Tom Fish, Head of public policy and research at Gener8, and formerly Assistant Director at the UK’s Competition and Markets Authority
The Responsible Online Commerce Coalition (ROCC): Businesses team up to ensure a level playing field in e-commerce
Amazon’s revenues reached half a trillion dollars in 2022, having increased tenfold in a decade. There are few companies as fascinating and impressive as Amazon and arguably no other company occupies such a central position in the modern retail economy in the US and Europe. Its famous e-commerce platform represents more than half of e-commerce … Continue reading The Responsible Online Commerce Coalition (ROCC): Businesses team up to ensure a level playing field in e-commerce
Platform antitrust/regulation in 2023: Our eleven predictions
Happy New Year to all! The authors of this blog wish you the best for what will be a thrilling year for those interested in platforms. It has never been more exciting to operate in the tech space. To start the new year, we have put our heads together to make eleven predictions about 2023. … Continue reading Platform antitrust/regulation in 2023: Our eleven predictions
Full steam ahead for the UK Digital Markets Unit
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
Why it is now clear that the Australian ex ante regime will be much closer to the proposed UK regime than the EU Digital Markets Act
On 11 November 2022, the Australian Competition and Consumer Commission (“ACCC”) released the fifth interim report for the Digital Platform Services inquiry (the “Interim Report”). This report recommends a range of new measures to address harms from digital platforms to Australian consumers, small businesses and competition. The diagnostic of the ACCC is not different from … Continue reading Why it is now clear that the Australian ex ante regime will be much closer to the proposed UK regime than the EU Digital Markets Act
Big Tech’s financial services activities – and their forthcoming regulatory attention
Apple, Google and Amazon (and to a lesser extent, Meta) have been tentatively expanding into the financial services sector for years now. It has been very interesting to watch their strategies and it seems things are hotting up. Damien and I wrote an article on this topic, which was published in the European Competition Journal … Continue reading Big Tech’s financial services activities – and their forthcoming regulatory attention
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”
When Brexit means falling behind: The probable death of the DMU regime
Everything had started well with the excellent Furman report, which emphasized the need to adopt an ex ante regulatory regime that would apply to Big Tech firms in the UK. That report had indeed found that competition rules would not be sufficient to control these firms’ market power. The UK had the lead and was … Continue reading When Brexit means falling behind: The probable death of the DMU regime