In this white paper, we outline the fundamentals of the proposed regime, the timeline for its implementation, and how the UK’s current political developments might influence it.
In May 2022, the UK Government outlined its approach to a pro-competition regime for digital markets, building upon the recommendations of its appointed Digital Markets Taskforce. The regime seeks to provide the Digital Markets Unit (DMU), established in 2021 on a non-statutory footing, with several tools to ensure fair competition, innovation, and growth in the digital sectors, and will be brought into force by the Digital Markets, Competition and Consumer Bill.
- The definition and implications of businesses receiving a strategic market status by the DMU
- Conduct requirements for businesses with strategic market status
- Pro-competitive interventions
- The approach towards merger controls
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