The UK Competition Authority proposes national competition regime for large tech firms

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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Authors

  • Skadden, Arps, Slate, Meagher & Flom (London)
  • Skadden, Arps, Slate, Meagher & Flom (Brussels)
  • Skadden, Arps, Slate, Meagher & Flom (London)
  • Skadden, Arps, Slate, Meagher & Flom (Brussels)
  • Skadden, Arps, Slate, Meagher & Flom (Brussels)

Quotation

Bill Batchelor, Ingrid Vandenborre, Aurora Luoma, Alexander Kamp, Michael J. Frese, The UK Competition Authority proposes national competition regime for large tech firms, 8 December 2020, e-Competitions December 2020, Art. N° 98546

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