Tech giants should fund UK regulator's digital enforcement unit, lawmaker says
By Simon Zekaria ( February 25, 2022, 16:14 GMT | Insight) -- Big digital companies should have to pay an "industry levy" to fund the UK competition regulator’s bespoke enforcement unit for the sector, influential lawmaker Tina Stowell has said. The chairwoman of the UK Parliament’s Communications and Digital Committee also called for a more robust approach by the CMA to enforcing digital markets while it waits to receive legislative backing for the unit.Big digital companies should have to pay an "industry levy" to fund the UK competition regulator’s bespoke enforcement unit for the sector, influential lawmaker Tina Stowell has said. ...
Prepare for tomorrow’s regulatory change, today
MLex identifies risk to business wherever it emerges, with specialist reporters across the globe providing exclusive news and deep-dive analysis on the proposals, probes, enforcement actions and rulings that matter to your organization and clients, now and in the longer term.
Know what others in the room don’t, with features including:
- Daily newsletters for Antitrust, M&A, Trade, Data Privacy & Security, Technology, AI and more
- Custom alerts on specific filters including geographies, industries, topics and companies to suit your practice needs
- Predictive analysis from expert journalists across North America, the UK and Europe, Latin America and Asia-Pacific
- Curated case files bringing together news, analysis and source documents in a single timeline
Experience MLex today with a 14-day free trial.