London Daily

Focus on the big picture.
Wednesday, Feb 12, 2025

Britain To Take On Big Tech With New Legal Powers

Britain To Take On Big Tech With New Legal Powers

The European Union last year brought in its own law to tackle big tech's dominance, despite fierce opposition from Google, Apple and others.
Britain said on Tuesday it would introduce a new law to rein in the power that big tech companies such as Google, Facebook and Amazon are able to wield to stifle competition in digital markets.

The legislation will also bolster protection for consumers by making it easier to opt out of online subscriptions and by making it easier to tackle fake reviews, the government said.

Britain's antitrust watchdog, the Competition and Markets Authority (CMA), set up a dedicated Digital Markets Unit two years ago, armed with the expertise to regulate new markets, such as social media.

But it has lacked the legal "teeth" to underpin its remit.

The bill, once passed by parliament, will rectify that by giving the DMU new powers over tech companies that have a global turnover of more 25 billion pounds ($31.2 billion) or a British turnover above 1 billion pounds.

The European Union last year brought in its own law to tackle big tech's dominance, despite fierce opposition from Google, Apple and others.

Under the planned British law, the CMA will be able to tailor rules for tech companies that meet it threshold to stop them unfairly disadvantaging smaller businesses and consumers.

For example, they could be told to provide more choice and transparency to customers, the government said.

If they breach the rules, they could be fined up to 10% of global turnover, it said.

CMA chief executive Sarah Cardell said the bill had the potential to be a "watershed moment" in protecting consumers and ensuring digital markets worked for the British economy.

"Digital markets offer huge benefits, but only if competition enables businesses of all shapes and sizes the opportunity to succeed," she said. "This bill is a legal framework fit for the digital age."
Newsletter

Related Articles

0:00
0:00
Close
US Teacher Detained in Russia Freed Amid Optimism for Improved US-Russia Relations
EU-UK Security Pact Unhindered by Fishing Rights Dispute, Says EU President
Tories Criticize Proposed Chagos Islands Sovereignty Transfer Amid Escalating Cost Claims
World Leaders Promote Ethical and Inclusive AI Governance at Paris Summit
Deloitte US Revises Policies in Response to Evolving Political Climate
Apple Releases Critical Security Update Following Reports of Vulnerabilities
US Senate Moves Forward with Tulsi Gabbard's Nomination for Director of National Intelligence.
Israel Warns of Ending Gaza Ceasefire Amid Hostage Situation
King Abdullah II Dismisses US Proposal to Relocate Palestinians, Commits to Welcoming Children from Gaza.
Sam Altman Addresses Elon Musk's Offer to Acquire OpenAI
OpenAI Reconfirms Its Independence After Musk's $97 Billion Offer.
Elon Musk Cautions That the U.S. Could Face Bankruptcy Without Reductions in Federal Spending.
How Spain Transformed from High Unemployment to Eurozone Growth Leader
FEMA Allocated Fifty-Nine Million Dollars to House Illegal Migrants in Luxury Hotels, Triggers Investigation
Australian Billionaires Set to Encounter New Wealth Tax Under Greens Initiative
U.S. Secret Service Invests Two Million Dollars in High-Quality, Effective Recruitment Ad Directed by Michael Bay
MPs to Receive Proposed 2.8% Pay Increase, Raising Salaries to £93,904 – It’s Legal, and That’s Exactly the Problem
The European Union Shifts Focus to AI Innovation Amid Global Competition (or at least this is what they claim)
Europe's far-right leaders pledge to 'reclaim' the continent in the wake of Trump's reelection.
Keir Starmer Under Examination Regarding His Legal Strategy
Merz and Scholz Spar Over Migration and Economic Strategies in Pre-Election Discussion
"Marrow stupid": Senator John Kennedy Blasts UK Prime Minister Keir Starmer Over Chagos Islands Transfer
Nigel Farage’s Reform UK Surge Reshapes Electoral Dynamics
Kemi Badenoch Faces Internal Criticism After 100 Days as Tory Leader
Campaigners Urge UK to Apologise for Forced Adoptions
Church of England Upholds Traditional Eucharistic Elements Amid Calls for Alternatives
Rayner Defends Approach at Grenfell Tower Meeting Amid Dismantling Plan
China Implements Tit-for-Tat Tariffs on US Goods Amid Trade Escalation
Italy and Wales Set for Six Nations Clash at Rome’s Stadio Olimpico
Ministry of Justice Apologises Over Prisoner Early Release Letter Error
Rare First Edition Harry Potter Book Sells for Over Twenty-One Thousand Pounds
Drax Power Station Under Scrutiny for Incomplete Wood Sourcing Reporting
UK Government Reaffirms Pledge to Build 1.5 Million New Homes by 2029
Freed Israeli Hostage Learns of Family's Death After Release from Gaza
French President Macron Employs Deepfake Technology to Advocate for AI Summit
Trump Names Musk to Investigate Government Fraud Amidst Controversy
Police Stop Ed Sheeran's Street Performance in Bengaluru
FBI Alerts Smartphone Users About Toll Scam Threat
Australian Educator Declares Identity as a Cat, Sparking Parental Backlash
Kremlin Addresses Claims of Trump-Putin Phone Conversation in Light of Ukraine Crisis
Trump Connects with Putin to Address the Ukraine Crisis
Super Bowl Ad Prices Soar to Record Highs Amid Streaming Surge
China Achieves 2030 Solar Energy Targets Early, Cuts Subsidies for Renewable Energy
Trump Signs Executive Order Prioritizing White South African Refugees
Europe Faces Growing Security Concerns and Trump's New Demands on Ukraine
Trump Revokes Security Clearances of Biden Officials, Including Blinken and Sullivan
Justin Bieber Sparks Concern as New Footage Raises Health Fears
European Right-Wing Leaders Celebrate Trump’s Impact on Global Politics
Trump Administration Directs Admiral to Leave Official Residence Within Three Hours
British Health Secretary Andrew Gavin Fired Over Controversial Messages
×