On 20 July 2021, the UK Government’s Department for Digital, Culture, Media & Sport (“DCMS”) and Department for Business, Energy & Industrial Strategy (“BEIS”) published proposals for a new regulatory regime for digital markets alongside accompanying consultation documents (the “Consultation”). The Consultation seeks views from interested parties and closes on 1 October 2021. Background The proposed new regime builds on a series of policy reviews and regulatory interventions in the digital sector. These include: (i) the report to government of the Digital Competition Expert Panel Report, headed by economist Jason Furman (the “Furman Report”); (ii) the Competition and Markets Authority (“CMA”) market study into online platforms and digital advertising and subsequent proposals for further
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The UK Government publishes proposals for a new regulatory regime for digital markets alongside accompanying consultation documents
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