On 1 July 2020, the U.K. Competition and Markets Authority (CMA) published a statement outlining a series of regulatory initiatives aimed at Google and Facebook, focused on digital advertising. This follows the release of the CMA’s report on digital advertising and online platforms the same day. Among the suggested initiatives is unprecedented cross-collaboration across different U.K. regulatory bodies—the CMA, the Information Commissioner’s Office (ICO) and Ofcom—to help establish a new regulatory regime. The proposal reflects the CMA’s belief that its current competition law toolkit is not adequate to tackle big-tech issues. It will be interesting to see how the Government reacts, given the politics of Brexit and the desired U.S. trade deal. Regardless, the CMA is showing no signs of
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The UK Competition Authority publishes a statement outlining a series of regulatory initiatives aimed at tech giants (Google / Facebook)
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