The U.K. Competition and Markets Authority (CMA) has advised the U.K. government to create additional competition rules for large tech firms and platforms: [1] Large tech firms considered to have “strategic market status” (SMS) should be subject to an enforceable code of conduct to prevent exploitative or exclusionary abuses. SMS would be a lower threshold than a “dominant” market position under existing U.K. competition law; The legislation would empower the CMA's Digital Markets Unit (DMU) to direct the conduct of SMS companies, e.g., to require data mobility, interoperability or access on “fair, reasonable and non-discriminatory” (FRAND) terms, or operational and functional separation of business units within an SMS; The legislation also would establish special merger control rules that
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The UK Competition Authority proposes national competition regime for large tech firms
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