The UK Competition Authority proposes a pro-competition regime for digital markets

On 8 December 2020 the CMA issued advice to the UK government on the design and implementation of a new pro-competition regime for digital markets. The advice was prepared by the Digital Markets Taskforce (DMT) formally launched by the CMA on 1 July 2020, following recommendations by the Digital Competition Expert Panel (appointed to advise the UK government on the state of competition in digital markets) set out in its final report (the Furman Report). The DMT consists of experts from the CMA, Ofcom, the Information Commissioner’s office (ICO) and the Financial Conduct Authority (FCA) who were asked to provide the government with expert advice on the functions, processes and powers needed to deliver on its objectives in digital platform markets, taking