UK needs to meet Facebook, Google competition with new rules: report

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Britain needs to overhaul its competition rules to tackle the dominance of tech ...

LONDON - Britain needs to overhaul its competition rules to tackle the dominance of tech giants like Facebook, Google and Amazon, and increase consumer choice, a government review said on Wednesday.

Smaller companies should also have access to the data that social media platforms hold on their users, it recommended. Harvard professor Jason Furman, who chaired the British government review, said the digital sector had created substantial benefits but they had come at the cost of the increasing dominance of a few companies.

 

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