UK to set up ‘pro-competition’ regulator to put limits on big tech

Post date: 2020-11-27 23:10:43
Views: 195
The U.K. is moving ahead with a plan to regulate big tech, responding to competition concerns over a “winner-takes-all” dynamic in digital markets. It will set up a new Digital Market Unit (DMU) to oversee a “pro-competition” regime for internet platforms — including those funded by online advertising, such as Facebook and Google — the
Please click Here to read the full story.
 
Other Top and Latest Questions:
Pentagon is embracing Musk's Grok AI chatbot as it draws global outcry
OpenAI acquires health-care technology startup Torch for $60 million, source says
Novo Nordisk CEO explains why new GLP-1 pill expands access to the weight loss drugs
Orsted pops 5% after U.S. judge rules firm can resume wind project halted by Trump
SK Hynix to invest $13 billion in new plant amid memory chip shortage
Bank of America boosts Micron price target, sees upside driven by tight memory supply
BNY raises profit target as CEO Robin Vince says 'turnaround' is taking hold
Elizabeth Warren fears workers will 'lose big' with 401(k) crypto, presses SEC chair Atkins for answers
Trump floats 1-year, 10% credit card interest rate cap — what that could mean for your money
Pentagon to invest $1 billion in L3Harris rocket motor business, shares surge