By: The Guardian
November 27, 2020
A new tech regulator will work to limit the power of Google, Facebook, and other tech platforms, the government has announced, in an effort to ensure a level playing field for smaller competitors and a fair market for consumers.
Under the plans, the Competition and Markets Authority (CMA) will gain a dedicated Digital Markets Unit, empowered to write and enforce a new code of practice on technology companies which will set out the limits of acceptable behaviour.
The code will only affect those companies deemed to have “strategic market status”, though it has not yet been decided what that means, nor what restrictions will be imposed.