Government promises ‘tough new regulator’ will stand up to Facebook and Google
Digital Markets Unit could spearhead implementation of codes of conduct for tech giants
Credit: Dominic Lipinski/PA
The government has pledged that a “tough new regulator” will ensure the likes of Facebook and Google are not able to abuse market dominance by limiting consumer choice and stifling innovation.
The unit’s first task is to explore the potential introduction of codes of conduct governing the relationship between tech giants and those that advertise on their platforms, as well rules to ensure news firms and other content providers are treated in a “fair and reasonable” way.
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“The unit will work closely with the CMA enforcement teams already taking action to address practices by digital firms, which harm competition and lead to poor outcomes for consumers and businesses,” the government added. “This includes taking enforcement action against Google and Apple, and scrutinising mergers involving Facebook and eBay.”
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