The UK government revealed on Tuesday its proposals to boost competition in the country’s digital economy and curb the power of the currently dominant players in the sector. This starts the public consultation phase of the development of the proposals. The government’s plan is centred on the Digital Markets Unit (DMU), which was established within the UK’s Competition and Markets Authority in April. Currently a non-statutory body, the UK government now proposes to greatly increase its powers over the sector, turning it into a watchdog for the industry. The explicit objectives are to support the growing British digital technology sector, improve competition, prevent abuses of power by the dominant players and benefit consumers.
from Engineering News | Home https://ift.tt/3Bo5BqD