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The UK Government publishes its plans for a new digital markets regulatory regime

The UK Government has published its response to the consultation on a new regulatory regime for digital markets on May 6, 2022. The regime aims to promote competition in digital markets for the benefit of consumers. It will be targeted at a small number of firms designated with having Strategic Market Status (“SMS”) in relation to specific digital activities. It will be enforced by the Digital Markets Unit (“DMU”), which is currently operating within the Competition and Markets Authority (“CMA”) in shadow form, pending legislation. The response confirms that: The DMU will designate firms with SMS following

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Authors

  • Cleary Gottlieb Steen & Hamilton (London)
  • Cleary Gottlieb Steen & Hamilton (London)
  • Slaughter and May (London)
  • Cleary Gottlieb Steen & Hamilton (London)
  • Cleary Gottlieb Steen & Hamilton
  • Cleary Gottlieb Steen & Hamilton

Quotation

Jackie Holland, Henry Mostyn, Vanessa Marton, Patrick Todd, Anders Jay, Gee Kim, The UK Government publishes its plans for a new digital markets regulatory regime, 10 May 2022, e-Competitions Preview, Art. N° 108679

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