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New UK tech regulator to limit power of Google and Facebook
Alok Sharma says dominance of a few big companies hurts innovation and curtails customer choiceA 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. Continue reading...
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