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RSS FeedsUK government announces plans to shake up competition in Big Tech
(iMore iPhone)

 
 

20 july 2021 11:32:45

 
UK government announces plans to shake up competition in Big Tech
(iMore iPhone)
 


`This will require them to follow new rules of acceptable behaviour with competitors and customers in a move that will benefit the public and drive growth and innovation across the economy.` What you need to know The UK has today unveiled new government proposals to curb the power of tech giants in the country whilst increasing competition. A digital markets watchdog will be given the power to label big firms with a new Strategic Market Status if they have too much power. They will then be forced to follow `rules of acceptable behavior` to increase competition. The UK government has today unveiled proposals that could see companies like Apple slapped with a `Strategic Market Status` and forced to follow new rules. The government today set out proposals `for a new pro-competition regime for digital markets,` stating the move would support the UK`s growing tech sector and protect consumers. Under the new proposals the Digital Markets Unit, an industry watchdog, will be given t...


 
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