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I’m in two minds about this. Let’s be honest - regulation is necessary, but individual countries lack the leverage to do it effectively. This needs to be a European project. https://t.co/cLj8fxmlnc
— Barry Adams ? (@badams) November 27, 2020
"The code will only affect those companies deemed to have “strategic market status”, though it has not yet been decided what that means, nor what restrictions will be imposed"https://t.co/Gd2V8yz9Xg
— Fabio Chiusi (@fabiochiusi) November 27, 2020
On the face of this story, control of big tech seems a good response to the issues of the last few years.
— The Renew Party (@RenewParty) November 27, 2020
Scratch the surface, however, and we are being sucked into a bun fight between platforms and the media.
It's about influence and money. Not us.https://t.co/jn1LfBRd1L
Good to see Digital Markets Unit being established within @CMAgovUK - as recommended by @LordsCommsCom https://t.co/jNc8ZeurIH
— Ed Vaizey (@edvaizey) November 26, 2020
U.K. approved plans for a separate regulatory program for companies including Facebook and Google, with the new unit having powers to impose fines to rein in the dominance of the largest tech companies https://t.co/C6f0zZjH7N
— Bloomberg (@business) November 27, 2020
Morning! The UK is preparing to regulate tech monopolies. https://t.co/bFUMrPPACx
— alex hern (@alexhern) November 27, 2020
This is an important step in bringing fairer competition and challenging the abuse of market power from the big tech companies - New UK tech regulator to limit power of Google and Facebook | Technology | The Guardian https://t.co/r7Cy6Wgd4W
— Damian Collins (@DamianCollins) November 27, 2020
"The UK is to create a new tech regulator to try to hold huge online platforms such as Google, Facebook and Amazon in check against their smaller rivals", following Furman et al's recommendation. https://t.co/mWcC6oXeHU
— Rasmus Kleis Nielsen (@rasmus_kleis) November 27, 2020
Gee, wouldn’t it be great to create better governance, accountability, and market practice legislation for big tech!
— Dr. Alexi Drew (@CyberAlexi) November 27, 2020
If only there was a multi-national group with tech governance experience and the economic/regulatory weight to make it happen...https://t.co/olxYEkcw3V
TELEGRAPH BUSINESS: Britain tries to break Big Tech stranglehold #TomorrowsPapersToday pic.twitter.com/S0WaDLHeYv
— Neil Henderson (@hendopolis) November 26, 2020
The problem with Big Tech is not just market dominance, but the commodification of our social lives. New UK tech regulator will struggle to make a dint if it just tries to promote smaller tech companies using exactly the same model. https://t.co/V42z9FWyPu
— James Muldoon (@james_muldoon_) November 27, 2020
U.K. approved plans for a separate regulatory program for companies including Facebook and Google, with the new unit having powers to impose fines to rein in the dominance of the largest tech companies https://t.co/JQbsueCIBz via @technology #Electronicsindustry #Technology
— Mertium (@MertiumFin) November 27, 2020
?? Interesting digital competition developments in UK as gov announces creation of a 'Digital Markets Unit' to 'enforce a new code to govern the behaviour of platforms that dominate.' I wonder if there'll be any alignment with EU's Digital Markets Act: https://t.co/lYv3C5gR8q
— Samuel Stolton (@SamuelStolton) November 27, 2020
We’re making search engines more transparent ?
— Dept for BEIS (@beisgovuk) November 27, 2020
A new Digital Markets Unit will enforce a code of conduct for platforms funded by digital advertising such as Google and Facebook.
Consumers will have more choice so smaller firms won't be pushed out.
https://t.co/CE5pFiAplq pic.twitter.com/00Ll9gegzN
UK govt: New competition regime for tech giants to give consumers more choice and control over their data, and ensure businesses are fairly treated https://t.co/IxehWgcRRK
— Privacy Matters (@PrivacyMatters) November 27, 2020
For anyone following the digital regulation debate, this is a big UK Government announcement by @beisgovuk
— Amelia Fletcher (@ameliafletecon) November 27, 2020
More details to come next month when the Digital Markets Taskforce, led by @CMAgovUK, releases its advice. https://t.co/Vaco1iXn98
New UK competition regime for tech giants to give consumers more choice and control over their data, and ensure businesses are fairly treated #antitrust #GAFA https://t.co/Ku5YGAYwxK
— Justus Haucap (@haucap) November 27, 2020
The UK will impose new rules next year aimed at preventing Google and Facebook from abusing their market dominance https://t.co/QEeLIFVJUQ
— Martina Pennisi (@martinapennisi) November 27, 2020
Break them up.
— Ninnyd ??❤️?? Waiting~4~the Revolution (@ninnyd101) November 27, 2020
Google and Facebook to be scrutinized by new U.K. unit from next year https://t.co/aMnDmLCoDR
Google and Facebook to be scrutinized by new U.K. antitrust unit from next year https://t.co/tJn8SiF4Na
— CNBC Tech (@CNBCtech) November 27, 2020