UK Aims to Learn From Big Tech’s Battles With EU Regulators With Own Tailored Regime
- CMA set to be granted power to write more tailor-made rules
- Fewer ‘checks and balances’ on what CMA could enact: lawyers
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US tech giants are reeling from the European Union’s freshly minted Digital Markets Act — a landmark piece of legislation imposing a raft of dos and donts on how Silicon Valley firms ply their trade.
Twenty two miles across the English Channel, the UK is also poised to deliver its very own crackdown aimed at nipping antitrust abuses by the likes of Apple Inc., Amazon.com Inc., Microsoft Corp in the bud before they take hold. But in true Brexit fashion, the way Britain intends to do it is different from in the 27-nation bloc it left.