New regulator could ‘suspend, block and reverse’ decisions by Facebook and Google, government says

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‘The concentration of power amongst a small number of tech companies is curtailing growth in the tech sector,’ digital secretary Oliver Dowden says

“The announcement this morning that the government will establish a new Digital Markets Unit within the Competition and Markets Authority is an important step in the regulation of the UK digital economy,” Shomik Panda, managing director of the Inline Policy consultancy, told“It shows that, post-Brexit, the UK is willing to take action on the issue of digital competition, just as the European Union is doing through its upcoming Digital Markets Act.

 

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