On 9 February 2021, the UK Competition and Markets Authority ("CMA") published a 'refresh' of its Digital Markets Strategy, which was first published in July 2019. The updated strategy takes into account recent policy developments, including the forthcoming launch of the Digital Markets Unit ("DMU"), which will operate from within the CMA and have the power to designate digital firms with substantial, entrenched market power as having "strategic market status" ("SMS"). Background The CMA published its Digital Markets Strategy in July 2019 in response to changes taking place across the economy, and society as a whole, as a result of the growth in digital markets. The Digital Markets Strategy sets out the CMA's strategic aims and priority focus areas in respect of those markets. There
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The UK Competition Authority publishes an updated version of its Digital Markets Strategy
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