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UK digital competition law can dispel ‘false tension’ on AI investment, regulator says

By Frank Hersey ( November 6, 2024, 18:49 GMT | Insight) -- UK businesses will better be able to bring products to market that can challenge tech giants' offerings when new legislation kicks in next year, the head of the country's antitrust watchdog has said. The Digital Markets, Competition and Consumers Act is a “phenomenal opportunity” that won't “chill” investment in new tech, the Competition and Markets Authority's Sarah Cardell said.UK businesses will better be able to bring products to market that can challenge tech giants' offerings when new legislation kicks in next year, the head of the country's antitrust watchdog has said, dismissing concerns that investment could be affected. ...

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